Reports in France today said long-serving Renault finance chief Thierry Moulonguet would step down after almost 20 years next month for personal reasons.

Twp sources confirmed to Reuters an earlier Le Figaro newspaper report that said Renault banking unit head Dominique Thormann would replace Moulonguet.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

Renault declined to comment.

Thormann, 55, reports to Moulonguet as head of RCI Banque, a role he has held since October.

He has worked at Renault and the Renault-Nissan alliance in a variety of finance-related roles since 1989.

Moulonguet has been Renault CFO since 2004.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Auto Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Auto Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving automotive industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now