Financial Services

Ghosn resigned from Renault last night – French finance minister


FILE PHOTO: Carlos Ghosn, chairman and CEO of the Renault-Nissan-Mitsubishi Alliance, attends the Tomorrow In Motion event on the eve of press day at the Paris Auto Show, in Paris, France, October 1, 2018. REUTERS/Regis Duvignau/File Photo

PARIS (Reuters) – Carlos Ghosn has resigned from French carmaker Renault (RENA.PA), French finance minister Bruno Le Maire told Bloomberg Television in an interview at the World Economic Forum in Davos.

“Carlos Ghosn just resigned last night,” said Le Maire.

Renault’s board will meet on Thursday to replace Ghosn, in a move that could help ease tensions with alliance partner Nissan (7201.T) following Ghosn’s arrest in Japan for alleged financial misconduct.

The meeting will start at 0900 GMT and consider the proposed appointment of outgoing Michelin (MICP.PA) boss Jean-Dominique Senard as chairman and the promotion of Ghosn’s deputy Thierry Bollore to CEO, three sources familiar with the matter have told Reuters.

Reporting by Sudip Kar-Gupta and Myriam Rivet; editing by Darren Schuettler



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