Renault gets a new boss. None too soon.

Renault gets a new boss. None too soon.

Opinion: Renault gets a new boss.. Someone was bound to notice that a company whose shares have lost two-thirds of their value in less than two years needed a real boss .. French car maker Renault, after a three-month search, has just announced that it would have a new chief executive-in another few months.. As widely expected in recent weeks, the job will go to Luca de Meo, the head of Seat, a Volkswagen unit.. It has already been noted that choosing the Italian-born head of the Spanish subsidiary of a German company to head the French group sends all the right signals.. De Meo's appointment will also hopefully help the company put some distance between its industrial operations and the ever-clumsy French state, whose representatives always feel that they absolutely must opine on the company's direction just because the government holds a 15% stake in the group.. Observing that de Meo has his work cut out would be an understatement.. are just a few of the challenges the new chief executive will have to tackle.. Renault has been without a chief executive since October, after Ghosn's appointed successor Thierry Bolloré was fired by the