Renault Appoints Duncan Minto as New CFO: A Strategic Move for the Future

Renault Group has announced the appointment of Duncan Minto as its new Chief Financial Officer (CFO), effective March 1, 2025. Minto succeeds Thierry Piéton, who will be leaving the company to pursue a new professional challenge. This strategic move is expected to drive Renault's transformation and growth, as Minto brings extensive experience in finance and a deep understanding of the automotive industry.



Minto's appointment aligns with Renault's strategic goals and financial management objectives. With over 25 years of experience in finance and a strong background in the automotive industry, he is well-positioned to continue and accelerate the actions already underway at Renault. Minto's knowledge of the Group and the industry will be invaluable in driving the company's transformation and ensuring the successful execution of its plan to unleash its full potential.

One of the key challenges Minto will face in his new role is maintaining financial discipline and rigor. Renault has been facing financial struggles in recent years, and Minto's appointment signals the company's commitment to strengthening its financial management. By implementing robust financial controls, improving budgeting and forecasting processes, and enhancing cost management strategies, Minto can help Renault achieve long-term sustainability.

Another challenge Minto will face is navigating the transition to electric vehicles (EVs) and new mobility services. The automotive industry is undergoing a significant shift towards EVs, and Renault is no exception. Minto's expertise in finance will be crucial in securing additional funding, optimizing capital expenditure, and exploring partnerships or collaborations to support the company's transition to EVs and new mobility services.

Minto's appointment is also expected to support Renault's global market expansion efforts. The company has been expanding its presence in various markets, and Minto's experience in finance and his understanding of the global automotive industry will be invaluable in helping Renault identify and capitalize on new market opportunities.

In conclusion, Duncan Minto's appointment as Renault's new CFO is a strategic move that aligns with the company's goals and objectives. His extensive experience in finance and deep understanding of the automotive industry make him well-suited to drive Renault's transformation and growth. By addressing the challenges of financial discipline, the transition to EVs, and global market expansion, Minto can help ensure Renault's financial stability and long-term success.