TREE NEWS reports: Renault is set to appoint Carine Damois of Michelin as its chief financial officer, people familiar with the matter said. Damois currently serves at the French tire maker. No effective date or further terms were disclosed.
Renault to Name Michelin’s Carine Damois as CFO, Sources Say
The significance lies less in the individual than in the direction of travel: a CFO drawn from tires rather than from within Renault's own finance ranks or the tech sector suggests the automaker is prioritising industrial cost discipline over capital-markets or software storylines. It also signals Michelin's finance bench is now a poaching ground for OEMs. Since no effective date or terms were disclosed, the open questions are whether the appointment presages a broader finance reorganisation and whether an outsider can quickly master Renault's alliance and EV financing complexities.
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