PARIS | Renault board: Ghosn to remain CEO while detained in Japan

20Nov - by Editor - 0 - In STL.News



PARIS— Carlos Ghosn will remain chairman and CEO of Renault despite being detained in Japan on allegations he misused assets of partner Nissan Motor Co. and under-reported millions of dollars in income.

The French carmaker’s board of directors announced its decision after an emergency meeting in Paris on Tuesday.

The board, however, said it was appointing the automaker’s No. 2 executive, Chief Operating Officer Thierry Bollore, to temporarily fill in for Ghosn.

Continue reading PARIS | Renault board: Ghosn to remain CEO while detained in Japan at STL.News.



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