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Renault considering CEO Carlos Ghosn’s succession

Thursday, January 17, 2019, 13:37
This news item was posted in Business category and has 0 Comments so far.

PARIS: Renault confirmed on Thursday that it was considering new leadership to replace embattled Chairman and CEO Carlos Ghosn, after French Finance Minister Bruno Le Maire called publicly for a board meeting to address his succession.”The governing bodies of Renault are actively working to find the best solution for the future governance of the group, with a view to preserving the company’s interests and strengthening the Renault-Nissan Alliance,” Renault said in a statement issued in the name of acting chairman Philippe Lagayette and another senior director.The statement came a day after Le Maire called for a change of Renault’s leadership, in the wake of a Tokyo court’s refusal to release Ghosn on bail as he awaits trial in Japan on financial misconduct charges that he denies.

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