Kering chooses Renault leader Luca de Meo as its new CEO

Kering chooses Renault leader Luca de Meo as its new CEO

Kering, the parent company of Gucci, confirmed a report indicating that its shares and those of Renault saw significant changes on Monday, which may help rejuvenate the luxury conglomerate burdened with debt. The new appointee, who comes from a background in the automotive industry, will become the first non-family member to lead the company controlled […]

Apple to replace CFO Luca Maestri in ‘planned succession’ on Jan. 1

Apple has announced that its longtime chief financial officer, Luca Maestri, will step down from his role on January 1. Kevan Parekh, Maestri's top vice president and an 11-year veteran of Apple, will succeed Maestri as CFO in what the company describes as a “planned succession” move. Maestri, 60, will stay on in a reduced […]