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 […]