Renault Procurement Chief Is Said to Be CEO Frontrunner

Renault SA’s procurement chief Francois Provost has emerged as the frontrunner for the top job at the French automaker, according to people familiar with the matter.

The manufacturer is likely to announce a new chief executive officer as soon as this week, said the people, who asked not to be identified as the deliberations are private. While no final decision has been made, Renault’s board of directors is due to meet Wednesday to approve first-half results and discuss the CEO appointment, the people said.