Luca de Meo, who stepped down from his post as the C.E.O. of the French carmaker Renault on Sunday, is the new C.E.O. of Kering.⁠ ⁠ “De Meo makes a heck of a lot more sense than internal candidates Jean-François Palus (a C.F.O.-type consigliere who knows very little about product) and current deputy C.E.O. Francesca Bellettini, who remains unproven in her current role,” Puck’s Lauren Sherman writes.⁠ ⁠ At the link in bio, Lauren explains exactly why auto exec de Meo was the right pick for Kering.⁠ ⁠ Photo: Luca Martini/SOPA Images/LightRocket via Getty Images⁠ ⁠ #Kering #Fashion #LucadeMeo #Pinault #Auto #Renault