Luca de Meo Steps Down as CEO of Renault Group After Five-Year Tenure

Boulogne-Billancourt, June 15, 2025 – Luca de Meo has announced his resignation as Chief Executive Officer of Renault Group, effective July 15, 2025, after five years of leading the automotive giant through a transformative period. The announcement was made during a Board of Directors meeting led by Chairman Jean-Dominique Senard, who expressed gratitude for de Meo's leadership and the turnaround of the company during his tenure.

De Meo's decision to step down comes as he seeks new challenges outside of the automotive sector. Under his leadership, Renault Group has seen significant improvements, including a return to profitability, an expanded product lineup, and a strategic focus on sustainability and electrification. "For five years, Luca de Meo has worked to restore Renault Group to its rightful place. Our company has returned to a healthy foundation and boasts an impressive range of products," Senard stated.

Luca de Meo joined Renault in July 2020 and has since implemented the 'Renaulution' strategy, which aims to reshape the company’s operations and product offerings to meet evolving market demands and environmental regulations. De Meo remarked, "I am leaving a transformed company, poised for the future. The best is yet to come."

The Board of Directors has a succession plan in place and has begun the process of selecting a new CEO. The management team, which has played a pivotal role in the company's revival, is expected to continue driving the transformation forward. Renault Group's ambitious goals include achieving carbon neutrality in Europe by 2040 and expanding its electric vehicle lineup.

De Meo leaves behind a legacy of innovation and commitment to sustainability. The company sold 2.265 million vehicles in 2024 and employs over 98,000 people worldwide. His departure marks a significant transition for Renault Group, which is navigating a rapidly changing automotive landscape characterized by technological advancements and heightened competition.

The automotive industry is facing unprecedented challenges and opportunities as companies pivot toward electric and hybrid models in response to consumer demand and regulatory pressures. Experts suggest that de Meo's successor will need to maintain momentum in these critical areas to ensure the company's continued success.

In an industry where leadership turnover can impact strategic direction, the Board's confidence in the existing management team signals a commitment to stability during this transition. Analysts believe that Renault's future under new leadership will hinge upon its ability to innovate and adapt to market trends swiftly.

As Renault Group prepares for this leadership transition, stakeholders will be watching closely to see how the company navigates the next phase of its evolution in a highly competitive automotive sector. The implications of de Meo's departure extend beyond Renault, as the entire industry grapples with the need for agility and foresight in an age of rapid change.