Renault Management

Management criteria checks 4/4

Renault's CEO is Luca de Meo, appointed in Jul 2020, has a tenure of 1.17 years. total yearly compensation is €5.30M, comprised of 24.5% salary and 75.5% bonuses, including company stock and options. directly owns 0.025% of the company’s shares, worth €3.20M. The average tenure of the management team and the board of directors is 6.1 years and 11.5 years respectively.

Key information

Luca de Meo

Chief executive officer

€5.3m

Total compensation

CEO salary percentage	24.5%
CEO tenure	4yrs
CEO ownership	0.02%
Management average tenure	6.1yrs
Board average tenure	11.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Luca de Meo's remuneration changed compared to Renault's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	€5m	€1m	€2b
Sep 30 2023	n/a	n/a	€3b
Jun 30 2023	n/a	n/a	€3b
Mar 31 2023	n/a	n/a	€3b
Dec 31 2022	€5m	€1m	€2b
Sep 30 2022	n/a	n/a	€2b
Jun 30 2022	n/a	n/a	€1b
Mar 31 2022	n/a	n/a	€856m
Dec 31 2021	€5m	€1m	€470m
Sep 30 2021	n/a	n/a	-€30m
Jun 30 2021	n/a	n/a	-€531m
Mar 31 2021	n/a	n/a	-€4b
Dec 31 2020	€3m	€650k	-€8b

Compensation vs Market: Luca's total compensation ($USD5.68M) is about average for companies of similar size in the Austrian market ($USD4.47M).

Compensation vs Earnings: Luca's compensation has been consistent with company performance over the past year.

CEO

Luca de Meo (57 yo)

4yrs

Tenure

€5,297,829

Compensation

Mr. Luca de Meo served as an Independent Director at Telecom Italia S.p.A. until September 2022. He serves as the Chief Executive Officer and Member of the Management Board at Renault SA and serves as its...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Luca de Meo	CEO, Member of the Management Board & Director	4yrs	€5.30m	0.025% € 3.2m
Thierry Pieton	Group CFO	8.1yrs	no data	no data
Laurens van den Acker	Chief Design Officer & Member of Management Board	no data	no data	no data
Jose-Vicente De Los Mozos Obispo	Executive VP of Group Industry	no data	no data	no data
Clotilde Delbos	Deputy CEO & Member of Management Board	no data	€429.58k	no data
Denis Le Vot	Executive VP	no data	no data	no data
Veronique Sarlat-Depotte	Chief Alliance Officer & Member of Management Board	no data	no data	no data
Gianluca de Ficchy	Member of Management Board & CEO of Mobilize	no data	no data	no data
Francois Roger	Chief People	6.1yrs	no data	no data
Frederic Vincent	Chief ISIT/Digital Officer & Member of Management Board	no data	no data	no data
Gilles Le Borgne	CTO, Executive VP of Group Engineering & Member of Management Board	no data	no data	no data
Guido Haak	Chief Advanced Product Planning Officer & Member of Management Board	no data	no data	no data

6.1yrs

Average Tenure

57yo

Average Age

Experienced Management: RNO's management team is seasoned and experienced (6.1 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Luca de Meo	CEO, Member of the Management Board & Director	1.2yrs	€5.30m	0.025% € 3.2m
Jacques Daniel	Chairman & CEO of Dongfeng Renault Automotive Company	no data	no data	no data
Christian Pouillaude	Brand Director & Member of Advisory Board	11.5yrs	no data	no data
Jean-Dominique Senard	Independent Chairman of the Board	5.5yrs	no data	0.0025% € 319.6k
Pierre Fleuriot	Lead Independent Director	6.1yrs	€127.62k	0.00018% € 23.3k
Carlos Tavares	Chairman of Advisory Board	11.5yrs	no data	no data
Bernard-Pierre Delpit	Independent Director	3.3yrs	€85.12k	0.00092% € 119.1k
Bernard Ollivier	Member of Advisory Board	11.5yrs	no data	no data
Richard Gentil	Employee Representative Director	11.7yrs	€73.00k	0% € 0
Éric Personne	Employee Representative Director	11.7yrs	€73.00k	0.000040% € 5.2k
Jean-Charles Redele	Member of Advisory Board	11.5yrs	no data	no data
Annette Winkler	Independent Director	5.1yrs	€93.00k	0.00037% € 47.9k

11.5yrs

Average Tenure

65yo

Average Age

Experienced Board: RNO's board of directors are seasoned and experienced ( 11.5 years average tenure).

Renault Management

Management criteria checks 4/4

Key information

Recent management updates

Renault SA Announces Executive Changes, Effective March 2024

Renault SA, Annual General Meeting, May 16, 2024

Renault SA Announces Executive Changes in Its Subsidiary Ampere

Renault Sa Appoints Fabrice Cambolive as its New Brand CEO, Effective on February 1, 2023

Renault Group Names Francois Provost as Group Chief Purchasing Officer and Managing Director of Alliance Purchasing Organisation (Apo), Effective 1 February 2023

Renault Group Announces Frédéric Mazzella Decides to Terminate His Term of Office as Director

Recent updates

Now 20% undervalued

Upcoming dividend of €1.85 per share

New major risk - Share price stability

Dividend increased to €1.85

Renault SA Proposes Dividend for the Financial Year 2023, Payable on May 24, 2024

Full year 2023 earnings released

Stellantis Denies Speculation of Merger Plan with Renault

Renault SA Announces Executive Changes, Effective March 2024

Renault SA to Report First Half, 2024 Results on Jul 25, 2024

Mitsubishi Motors to Invest Around ¥20 Billion into Renault's New EV Company

Renault SA Provides Earnings Guidance for Second Half and Financial Year 2023

Renault SA to Report Fiscal Year 2023 Results on Feb 15, 2024

Renault SA, Annual General Meeting, May 16, 2024

Cedar Ireland Automotive Limited entered into an agreement to acquire Renault Distributors Ltd from Renault SA (ENXTPA:RNO).

First half 2023 earnings released: EPS: €7.70 (vs €3.54 in 1H 2022)

Renault SA Announces Executive Changes in Its Subsidiary Ampere

Upcoming dividend of €0.25 per share at 0.8% yield

Full year 2022 earnings released: EPS: €7.28 (vs €1.73 in FY 2021)

Full year 2022 earnings released: EPS: €7.27 (vs €3.26 in FY 2021)

Renault Sa Proposes Dividend for the Financial Year 2022, Payable May 19, 2023

Nissan Motor Co., Ltd. (TSE:7201) entered into agreement to acquire an unknown minority stake in Ampere from Renault SA (ENXTPA:RNO).

Renault Sa Appoints Fabrice Cambolive as its New Brand CEO, Effective on February 1, 2023

Renault Group Names Francois Provost as Group Chief Purchasing Officer and Managing Director of Alliance Purchasing Organisation (Apo), Effective 1 February 2023

Renault Group Announces Frédéric Mazzella Decides to Terminate His Term of Office as Director

Renault SA, Annual General Meeting, May 11, 2023

Nissan Eyeing Equity Stake in Electric and Software Unit Ampere

Nissan Confirms It Is in Talks over Investment in Renault EV Unit

Nissan Motor Reportedly Pushes Renault to Sell Down Stake

Renault SA to Report First Half, 2023 Results on Jul 27, 2023

Aramco Reportedly May Take Stake in Renault's Future Thermal Unit

Geely, Oil Group Reportedly Could Take Stakes in Renault Engine Company

First half 2022 earnings released

Renault SA (ENXTPA:RNO) acquired Fixter Limited.

An unknown Moscow City entity agreed to acquire CJSC Renault Russia from Renault SA (ENXTPA:RNO).

Renault SA Appoints Fabrice Cambolive as Chief Operating Officer, Effective June 1, 2022

Fabrice Kamboliv Joins as Chief Executive Officer of the Renault Brand, Effective June 1, 2022

Renault Reportedly in Talks to Sell Russia Business for One Ruble

Interfax JSC agreed to acquire 68% stake in Public Joint Stock Company Avtovaz from Renault SA (ENXTPA:RNO).

Renault SA to Report Q3, 2022 Results on Oct 21, 2022

Taavura Holdings Ltd. signed an agreement to acquire Renault dealership in Slovenia from Renault SA (ENXTPA:RNO).

Renault Appoints Vincent Piquet as Chief Financial Officer of Renault Brand

Investor sentiment deteriorated over the past week

Renault Appoints Laurent David as SVP, Controller

Investor sentiment deteriorated over the past week

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Thierry Piéton Becomes A Member of the Board of Management of Renault Group, Effective March 1, 2022

Renault Group Appoints Thierry Piéton as Chief Financial Officer, Effective March 1, 2022

Renault SA (ENXTPA:RNO) acquired a minority 21% stake in WHYLOT.

First half 2021 earnings released: EPS €1.30 (vs €26.91 loss in 1H 2020)

Employee Shareholders Representing Director has left the company

New 90-day high: €40.88

Full year 2020 earnings released: €29.51 loss per share (vs €0.52 loss in FY 2019)

Revenue misses expectations

Groupe Renault Proposes Changes to Board of Directors

Renault SA, Annual General Meeting, Apr 23, 2021

Renault SA to Report First Half, 2021 Results on Jul 30, 2021

New 90-day high: €40.30

Constellium and Groupe Renault partner on R&D project for sustainable automotive aluminium solutions

Groupe Renault & Plug Power Join Forces to Become Leader in Hydrogen LCV

Groupe Renault Appoints Laurent Rossi as Chief Executive Officer of the Alpine Brand

New 90-day high: €38.27

New 90-day high: €35.80

Nissan Reportedly Exploring Possible Sale of Stake in Mitsubishi Motors

New 90-day high: €27.97

Groupe Renault Appoints Francois Provost as SVP

Renault SA to Report Fiscal Year 2020 Results on Feb 19, 2021

CEO Compensation Analysis

CEO

Tenure