Renault's CEO Luca de Meo has resigned to join Kering as its new CEO, causing Renault's share prices to drop by 6.9%. Kering's shares rose by 9.6% amid the news. De Meo's leadership saw Renault's share price nearly double over five years, but Kering has been struggling financially, with a 25% drop in Gucci sales. The search for Renault's new CEO is underway, with several candidates mentioned. Teljes cikk (Euronews.com)