Renault has a new CEO

Renault has a new CEO

Fabrice Cambolive has been appointed CEO of the Renault brand. He will start work next week, starting February 1, 2023.

According to the manufacturer’s press release, Fabrice Cambolive, 54, becomes CEO of the Renault brand. his main goal will be to consolidate the sustainable and profitable development of the diamond brand.
In addition, he will have to ensure the development and transformation of the brand, especially since he is in charge of the launch of 14 new Renault-branded cars by 2025 and will have to ensure the image and expansion of the car manufacturer. Europe and around the world. Just like Fabrice Cambolive won’t sleep much in the next three years.
A member of the Renault Group management team, he will report directly to Luca de Meo, Renault Group CEO, who will report.

Someone from the house of Renault

Fabrice Cambolive graduated from TBS Education in Toulouse [ndla : ex Toulouse Business School et Groupe ESC Toulouse]. He joined Renault more than thirty years ago, in 1992. For twenty years, he held various international positions in the fields of sales and marketing in Spain, Switzerland, France, Germany and Romania.

His career went international in 2011 when, under the Ghosn era, he was appointed director of sales and marketing for the Eurasian Region by Renault Russia.
In 2015, he became the Managing Director of Renault do Brasil and in 2017 he was promoted to Director of Operations for the Africa, Middle East, Asia and Pacific regions.
In 2021, he became the Sales and Operations Director of the Renault brand in charge of delivering ” Reconstruction on all the diamond company’s markets as well as changes in the brand’s business model.
Finally, nine months ago, in May 2022, he was appointed COO or VSthe founder Operating ORenault brand official.

The boss said

Luca de Meo, CEO of Renault Group:
I am proud that Fabrice Cambolive, with his thirty years of experience within the group, is taking the reins of the Renault brand.
His commitment, his international experience and his deep knowledge of the group will enable him to continue to ensure the development of the brand in the areas of value creation. I count on him to lead the team in the great transformation that the Renault brand will experience in the coming years.s. »

This appointment will give Luca de Meo time to better manage the new Renault/Nissan relationship that should be relaunched within the framework of the recently reached agreement and that should bring a new balance within the Union after several years. doubts and tensions arising from the Ghosn Affair and its consequences. Luca de Meo in particular will have to lead the reduction of Renault’s share to just 15% in Nissan’s capital, while the Japanese will take over the next few months some 15% of Ampere, Renault’s future electric company that will make its IPO later this year. , market conditions allow.
The arrival of Fabrice Cambolive in the senior management of Renault will also allow L. de Meo to establish a new division of the Renault Group into five independent pillars* as announced a few months ago when he was working in the management of’ACEA.

The five divisions of the Renault Group are:
– Power for gasoline and hybrid engines (including Chinese Geely)
– Ampere for the entire electrical industry
– Alpine
– Motivate
– The Future is neutral

Through Renault.