12/15/2022, 7:24 PM (Source: TeleTrader)
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Chart for: Renault SA

Renault to renew Chairman Senard's term

Renault Group announced on Thursday that it will seek to renew Chairman Jean-Dominique Senard's term in the office at its next general shareholders' meeting scheduled for May 2023.

According to the company statement, the board of directors unanimously decided to propose Senard (pictured) remain in power as well as to reshuffle the position of its CEO Luca de Meo, who is set to become Renault's director upon shareholders' approval. Finally, the board noted that Frederic Mazzella, director of the Strategy and Sustainability Committee, will be stepping down in 2023, "given the evolution of his various professional commitments."

Baha Breaking News (BBN) / MX