Renault has dismissed Thierry Bolloré as CEO with immediate effect ending a week of intense speculation concerning the future of the automaker’s top management.

As an interim measure, Renault’s board appointed Clotilde Delbos as CEO until a process is completed to appoint a new Chief Executive Officer.

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The board also gave what the automaker refers to as “a favourable opinion” on the appointment of Olivier Murguet and Jose Vincente de los Mozos as deputy managing directors to assist Delbos in her duties.

In addition, Renault chairman, Jean-Dominique Senard will assume the presidency of the manufacturer during the interim period.

Delbos joined Renault in 2012 as group controller. In 2014, she was appointed Alliance global director, Control, in addition to her current role as Senior Vice President, Groupe Renault Controller.

In 2016, Clotilde was made EVP, Chief Financial Officer of Renault. She also became chairwoman of the board of directors of RCI Banque.

She is a member of the Groupe Renault executive committee.

See also: COMMENT – Renault-Nissan Alliance now needs re-set

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