French carmaker Renault names Luca de Meo as new CEO

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PARIS (Reuters) – French carmaker Renault (PA:) on Tuesday named former Volkswagen’s (DE:) Seat brand executive Luca de Meo as its new chief executive, as Renault moves to create a new management in the post-Ghosn era and shore up its alliance with Nissan (T:).

His appointment will be effective on July 1.

Italian-born De Meo had served as the chairman of Seat’s executive committee for four years, overseeing a resurgence in the Barcelona-based company’s sales and boosting its prominence within the Volkswagen group.

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