×
Newsmax TV & Webwww.newsmax.comFREE - In Google Play
VIEW
×
Newsmax TV & Webwww.newsmax.comFREE - On the App Store
VIEW
Tags: EU | France | Renault

Renault Ousts CEO Who Replaced Jailed Former Head Ghosn

Friday, 11 October 2019 05:40 AM EDT

PARIS (AP) — French carmaker Renault has dismissed its chief executive officer, overhauling its leadership once again after the jailing of its previous chairman and CEO.

The decision by the board on Friday to dismiss Thierry Bolloré was effective immediately.

Bolloré replaced Carlos Ghosn after the former CEO was jailed in Tokyo in last November on charges of falsifying financial reports in under-reporting compensation and breach of trust. Ghosn, who led the Nissan-Renault alliance, is currently awaiting trial and denies wrongdoing.

The company says Bolloré will be replaced on an interim basis by current Chief Financial Officer Clotilde Delbos.

Chairman Jean-Dominique Senard will become president during the interim period.

Nissan, in which Renault owns a large shareholding and with which it has a deep alliance, named a new CEO earlier this week.

© Copyright 2023 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


GlobalTalk
French carmaker Renault has dismissed its chief executive officer, overhauling its leadership once again after the jailing of its previous chairman and CEO.The decision by the board on Friday to dismiss Thierry Bolloré was effective immediately.Bolloré replaced Carlos Ghosn...
EU,France,Renault
131
2019-40-11
Friday, 11 October 2019 05:40 AM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
 
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved