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Carlos Ghosn resigns as Renault Chairman and CEO amid scandal
Carlos Ghosn has resigned as Renault Chairman and Chief Executive Officer, amid his ongoing detention over alleged financial misconduct in Tokyo. Ghosn was arrested in Japan last November on charges relating to under-reporting his salary and passing personal investment losses onto Nissan. The establishment of the Renault-Nissan Alliance, which was expanded to include Mitsubishi in recent years, meant Ghosn held leading positions at all three manufacturers. Both Nissan and Mitsubishi sacked Ghosn as the scandal unfolded last November but Renault, in which the French government holds the largest stake, at 15 per cent, kept hold of his services. Ghosn appeared in court in Tokyo earlier this...
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5y ago from MotorsportWeek.com
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