Paris, France — French automaker Renault has announced the creation of a new executive role, Chief Growth Officer (CGO), as part of its strategy to revitalize business operations and sharpen its competitive edge in the global automotive market.
The CGO will be tasked with driving growth initiatives across core markets, strengthening brand positioning, and exploring new opportunities in electrification, digital mobility, and customer engagement. Renault said the position is designed to bridge innovation and execution, aligning product development with evolving consumer demands.
“This new role reflects our ambition to not only adapt to the rapid transformation of the automotive industry but also to lead it,” a Renault spokesperson said in a statement. “The Chief Growth Officer will ensure we accelerate our strategy in line with customer expectations, sustainability goals, and new mobility trends.”
The move comes at a critical time for Renault, which has faced competitive pressures from electric vehicle pioneers, global supply chain challenges, and shifting consumer preferences. By creating a CGO position, the company is signaling a forward-looking approach, focusing on growth beyond traditional automotive sales.
Industry experts suggest the role could also strengthen partnerships, foster digital innovation, and expand Renault’s footprint in emerging markets, all of which are crucial for long-term profitability.
The appointment of Renault’s first Chief Growth Officer is expected to be announced in the coming weeks.