Two replacements for top roles at Renault after Carl - leatherbiz: Lea Leatherbiz

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Two replacements for top roles at Renault after Carlos Ghosn resigns

24/01/2019
Carlos Ghosn has resigned as chief executive and chairman of automotive company Renault. He had held both roles simultaneously since 2005.

France’s economy minister, Bruno Le Maire, confirmed the development during an interview at the 2019 World Economic Forum in Davos. The French state has a 15% stake in the company. He said that Mr Ghosn, who is in custody in Japan after being arrested in November over alleged financial irregularities, had resigned overnight.

Renault quickly announced not one replacement, but two. It said it had decided to separate the roles of chairman and chief executive. It appointed Jean-Dominique Senard as its new chairman; until last year Mr Senard was chairman of Michelin. Mr Senard then named Thierry Bolloré, who joined Renault in 2012 having previously worked for Faurecia and Michelin, as the company’s new chief executive.


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