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Seat CEO steps down after four years

Italian executive Luca de Meo leaves top spot at Martorell-based automaker "at his own request"

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07 January 2020 07:55 PM

by

ACN|Barcelona

Italian executive, Luca de Meo, has stepped down as the head of Seat after four years at the helm of the automaker whose head office is in Martorell, near Barcelona.

According to the Volkswagen group, which owns Seat, the CEO has left the position "at his own request and by mutual agreement."

It has been rumored that De Meo wVolkill go on to fill the vacant CEO position at Renault, after the French company relieved Thierry Bollore of his duties at the end of last year.

Record sales in 2019

Seat's fortunes have been on the up since De Meo took charge, ending 2019 with record sales of over 542,000 vehicles sold until November, a 10% increase on the previous year.

The carmaker also broke record sales in Spain in 2019, with over 119,000 vehicles sold that gave it almost a 9% share of the domestic market.

Employing some 14,000 people and with a turnover of almost 10 billion euros, Seat is the single firm that contributes most to Catalonia's GDP.

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  • Former Seat CEO Luca de Meo at the 2018 Mobile World Congress in Barcelona (by Àlex Recolons)

  • Former Seat CEO Luca de Meo at the 2018 Mobile World Congress in Barcelona (by Àlex Recolons)

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