On September 1, the Renault Group announced the appointment of Katrin Adt, a former executive of Mercedes-Benz, as the new CEO of its budget car brand, Dacia. She succeeds Denis Le Vot, who is poised to depart the company. In this new organizational structure, Adt will report directly to Fabrice Cambolive, Renault's Chief Growth Officer. This appointment underscores the Renault Group's concerted effort to revamp its management team under the guidance of its newly appointed CEO.
