Renault to widen the responsibilities of CEO Carlos Ghosn

Article by Christian A., on October 11, 2011

Renault SA is anticipated to make an announcement this Friday about the reorganization of its board that will extend the CEO Carlos Ghosn's responsibilities, French newspaper La Tribune reported. No sources were cited. Ghosn, who also serves as CEO of Renault's alliance partner Nissan Motor Co., is expected to take on extra duties, like risk management and internal audit, in an endeavor to display that the French automaker is now his primary concern, the newspaper reported.

Earlier this year, Renault dismissed a number of executives on the basis of suspicions of industrial espionage that later turned out to be baseless.

During that time, Ghosn came under fire for how he handled the scandal, which according to some critics, had uncovered the vulnerable risk controls at the company.

Renault was not immediately available to make a remark on this matter, says Autonews. In May, Carlos Tavares became the chief operating officer at Renault, replacing Patrick Pelata, who stepped down in April for his role in the messed up industrial espionage probe.

With regards to the Tavares appointment, Ghosn agreed -- under French government pressure -- to dedicate more time to Renault, two insiders told Bloomberg News during the time.

France is Renault's largest investor with a 15 percent share. As Ghosn boosts its role at Renault, the No. 2 position will be somewhat decreased from the operational command Pelata held, Bloomberg reported.

If you liked the article, share on:

Topics: renault, ceo

Comments

Recommended

Dubai is one of the few countries where expensive cars are the norm, many of which are specially modified as well. And this just in: Bentley has debuted the new...
by - November 21, 2017
The 2018 Jaguar XEL with its stretched-out wheelbase and longer doors is the newest addition to the growing list of premium sedans in China---joining the ranks of Mercedes-Benz C-Class L,...
by - November 21, 2017
Honda this week announced that its all-new 2018 Clarity Plug-in Hybrid will arrive at US dealerships with a starting price of $33,400 beginning on the first of December. Because the...
by - November 21, 2017
Lamborghini had been expected to refresh its entry-level model – the Lamborghini Huracan – in late 2018 or early 2019. But here is some good news for fans of the...
by - November 20, 2017
The Chevrolet Corvette will be turning 65 years old in 2018, and as part of the celebrations, the brand is introducing a special edition C7 – the Chevrolet Corvette Carbon...
by - November 19, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries