Renault Races Ahead: Duncan Minto Steps Into Driver’s Seat for Next Lap

In a daring move for France's car industry behemoth, Renault has appointed seasoned finance director Duncan Minto as Interim Chief Executive Officer, succeeding Luca de Meo, who stepped down last month after five years as CEO. As Renault Group CFO since March 2025, Minto will guide the company through a phase of transition as the board seeks a new permanent CEO.

 

Key Highlights

Duncan Minto Takes the Helm: As of July 15, 2025, Minto becomes Interim CEO, charged with leading day-to-day operations while the executive transition is finalized.

 

Strategic Experience: With a 1997 entry into Renault, Minto brings almost three decades of corporate expertise and extensive industry experience, having served key finance roles in Renault's overseas divisions previously, including CFO for Dacia and Alpine brands.

 

Leadership Pairing: Throughout this period of transition, Minto will be closely associated with Jean-Dominique Senard, Chairman of Renault s.a.s., the group operating business, providing continuity at the leadership level.

 

CEO Hunt Underway: The Board's Governance and Remuneration Committee is already actively engaged in its search for a long-term successor to the group's top job.

 

Future Announcements: Renault Group will be releasing its half-year financial results on July 31, which makes Minto's interim period even more crucial within this reporting period.

 

Luca de Meo exit: Former CEO Luca de Meo resigned in June and will join luxury group Kering in September, making a high-profile executive switch in the European corporate world.

 

Company Vision: Renault focused on continuity, emphasizing Minto's role in the company's ongoing progression towards sustainable and innovative mobility and its goal to achieve carbon neutrality in Europe by 2040.

 

Source: Renault Group Official Press Releases, Yahoo Finance, Investing.com, TradingView.