Luca de Meo explains his departure: he wants to intervene “where the transformation is necessary”.
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“This is a personal decision, I am not leaving by fleeing”, writes Luca de Meo in a letter addressed Monday June 16 to employees of the Renault group and which Franceinfo was able to consult. The director general of the automotive group confirms the imminent end of his mission at the head of the company. He will leave his executive functions by July 15, in accordance with the agreement made with President Jean-Dominique Senard and the Board of Directors.
Luca de Meo welcomes the results obtained under his direction, evoking “The best results never achieved” by the group and a company now “On the right track”. It highlights the constitution of the range of products “The most attractive for thirty years”, as well as a commercial strategy focused on “The value rather than the volume”. The manager recalls that the Futurama plan is already committed to succeed “Renaulution”, and affirms his full confidence in the management team in place to continue the development of the group with “The same ambition and the same determination”.
Luca de Meo specifies that this is a “Personal decision”True to his way of approaching his career: intervene “Where the transformation is necessary, lay solid foundations, and ensure that the organization is ready to prosper beyond my mandate”. He indicates that he will soon take up a new transformation challenge in another industry. “It was the greatest privilege of my professional life to direct this legendary manufacturer”, Concludes Luca de Meo, saying that Renault will always remain in his heart.