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February 12, 2019

Ghosn retains some Renault positions

Although he has been replaced as Renault's chairman and CEO, Carlos Ghosn retains some management positions at Renault, the company has confirmed.

By Sam Duke

Although he has been replaced as Renault's chairman and CEO, Carlos Ghosn retains some management positions at Renault, the company has confirmed.

Renault said in a statement that Carlos Ghosn remains a director of Renault SA.

The statement said that 'Renault wishes to specify that Mr. Ghosn resigned from his terms of office as Chairman of the Board of Directors and Chief Executive Officer, but remains, as of the date hereof, Director of Renault SA'.

Last month, outgoing Michelin chief, Jean-Dominique Senard was named as Renault chairman and Thierry Bollore made Renault CEO.

Renault added that in accordance with the agreements entered into with Nissan, Carlos Ghosn was replaced by Thierry Bolloré as Chairman of the Management Board of Renault-Nissan BV. However, Ghosn remains a member of the Management Board of RNBV; and also retains his positions within Alliance Rostec Auto BV and Renault do Brasil.

Ghosn remains in detention in Tokyo on charges related to financial misconduct. A trial is expected in the summer.

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