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Jailed Ghosn resigns from Renault

Renault’s met today (Thursday) to appoint new leadership after Chairman and Chief Executive Carlos Ghosn resigned in the wake of a financial scandal which has rocked the French carmaker's alliance with Japan automotive giant Nissan, and resulted in his arrest. The French government, Renault’s biggest shareholder, confirmed the board was being asked to name outgoing Michelin boss Jean-Dominique Senard as chairman and Ghosn’s deputy Thierry Bollore as chief executive. Senard and Bollore “will be presented this morning to the board of directors”, government spokesman Benjamin Griveaux said before the meeting began at 0900 GMT. The widely expected appointments may begin to resolve a...
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