Published by Global Banking & Finance Review®
Posted on September 9, 2025
1 min readLast updated: January 22, 2026
Add as preferred source on GoogleKering shareholders approve Luca de Meo as CEO with 98.97% backing, succeeding Francois-Henri Pinault who remains chairman.
PARIS (Reuters) -Shareholders for Gucci owner Kering approved the appointment of Luca de Meo as the group's CEO at its extraordinary shareholder meeting on Tuesday.
At the meeting's vote, 98.97% of the shareholders backed de Meo's appointment.
De Meo, who was hired from French automaker Renault in June, is taking over the job from Francois-Henri Pinault, who will remain the company's chairman.
De Meo, who will be tasked with reviving the debt-laden conglomerate, is the first outsider to run the company controlled by the billionaire Pinault family.
(Reporting by Mimosa Spencer and Tassilo Hummel; Editing by Makini Brice)
Luca de Meo was appointed as the new CEO of Kering, approved by shareholders at an extraordinary meeting.
98.97% of the shareholders backed Luca de Meo's appointment during the vote.
Luca de Meo is taking over the CEO position from Francois-Henri Pinault, who will remain the company's chairman.
Before joining Kering, Luca de Meo was hired from the French automaker Renault.
As CEO, Luca de Meo will be tasked with reviving the debt-laden conglomerate, marking a significant challenge ahead.
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