New Renault CEO de Meo will be much better paid than predecessor
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PARIS (Reuters) - French carmaker Renault will grant its new chief executive, Luca de Meo, a pay package of around 5.8 million euros (4.9 million pounds), which is an increase of nearly 57 percent of what his predecessor was awarded last year.According to company files released on Monday, de Meo, a former Volkswagen's Seat brand executive, will this year receive a fixed compensation of 1.3 million euros, an annual variable remuneration that can amount up to 150 percent of the fixed..