Renault Names Michelin Executive Carine Damois as New CFO

Event summary

Carine Damois, former Deputy CFO of Michelin, appointed Renault Group CFO effective November 14, 2026.
She succeeds Duncan Minto, who is leaving after nearly three decades with the company.
Damois brings 20+ years of finance leadership experience across global industrial groups.
Her expertise spans corporate finance, digital transformation, and sustainable finance.
Appointment aligns with Renault's 'futuREady' strategic plan.

The big picture

Renault's appointment of Carine Damois as CFO reflects a strategic shift towards leveraging industrial finance expertise amid the automotive sector's transition to electrification and sustainable mobility. With over 100,000 employees and operations in more than 100 countries, Renault is positioning itself for a value-generating transformation focused on new technologies and services. This move comes as the company aims to achieve Net Zero carbon in Europe by 2040 and worldwide by 2050, highlighting the importance of financial leadership in supporting its ambitious environmental goals.

What we're watching

Strategic Alignment: How Damois' Michelin experience will influence Renault's financial strategy and execution of its 'futuREady' plan.
Performance Metrics: Whether Damois can maintain or improve Renault's financial performance amid industry transformation.
Leadership Dynamics: The impact of Damois' international background on Renault's global operations and financial governance.