The carmaker is to split the COO role into two new functions. This would include a chief competitive officer, who would cover the areas of Product and Programmes, Design, Engineering, Quality, IS/IT, Purchasing, Manufacturing and Supply Chain. 

Its main missions would be to reinforce the development of an attractive range of products, to improve product competitiveness, optimise total delivered cost, increase quality and reinforce programme profitability. 

In addition, a new chief performance officer would be appointed covering all the group’s regions as well as Sales and Marketing. This role would look to deliver the company’s revenue, market share and sales profitability targets, the company said.

The carmaker added its plan was to ‘reinforce Renault’s industrial, commercial and financial performance while continuing to empower the regions’.

Renault has not yet announced who will fill either role.