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    Home > Finance > Kering shareholders approve appointment of Luca de Meo as CEO
    Finance

    Kering shareholders approve appointment of Luca de Meo as CEO

    Published by Global Banking and Finance Review

    Posted on September 9, 2025

    1 min read

    Last updated: January 22, 2026

    Kering shareholders approve appointment of Luca de Meo as CEO - Finance news and analysis from Global Banking & Finance Review
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    Tags:Appointmentmanagementcorporate governancefinancial communityinvestment

    Quick Summary

    Kering shareholders approve Luca de Meo as CEO with 98.97% backing, succeeding Francois-Henri Pinault who remains chairman.

    Kering shareholders approve appointment of Luca de Meo as CEO

    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)

    Key Takeaways

    • •Luca de Meo appointed as Kering's new CEO.
    • •98.97% of shareholders approved the appointment.
    • •De Meo previously worked at Renault.
    • •Francois-Henri Pinault remains chairman.
    • •De Meo is the first outsider to lead Kering.

    Frequently Asked Questions about Kering shareholders approve appointment of Luca de Meo as CEO

    1Who was appointed as the new CEO of Kering?

    Luca de Meo was appointed as the new CEO of Kering, approved by shareholders at an extraordinary meeting.

    2What percentage of shareholders supported de Meo's appointment?

    98.97% of the shareholders backed Luca de Meo's appointment during the vote.

    3Who did Luca de Meo replace as CEO?

    Luca de Meo is taking over the CEO position from Francois-Henri Pinault, who will remain the company's chairman.

    4What is Luca de Meo's background before joining Kering?

    Before joining Kering, Luca de Meo was hired from the French automaker Renault.

    5What challenges will de Meo face as CEO?

    As CEO, Luca de Meo will be tasked with reviving the debt-laden conglomerate, marking a significant challenge ahead.

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