FRANKFURT/PARIS (Reuters) – The chief executive of Volkswagen (VOWG_p.DE) said Luca de Meo, who stepped down as chief executive of the German carmaker’s Spanish Seat brand this month, was probably in talks with French carmaker Renault (RENA.PA).
The Italian-born de Meo has served as chairman of Seat’s executive committee for four years, overseeing a resurgence in the Barcelona-based company’s sales and boosting its prominence within the Volkswagen group.
“We are very, very sad that Luca is leaving us because he played a very important role in the group,” Volkswagen CEO Herbert Diess told CNBC on the sidelines of the World Economic Forum (WEF) annual meeting in Davos.
“He did a great job with us but we accepted that he’s going to leave and he’s probably in talks with Renault, that’s what he told us,” Diess said.
Officials at Renault had no immediate comment to make on the matter on Thursday.
Renault Chairman Jean-Dominique Senard said this week that a new CEO…
Source news reuters.com, click here to read the full news.