The French State, the main shareholder of the French car manufacturer, has asked that the board of directors of Renault be convened “in the coming days” in order to “designate (r) a new sustainable governance for Renault,” said the Minister of Economy and Finance on LCI.
The government has so far supported the group’s decision to keep Carlos Ghosn in office, opting instead for interim leadership after the arrest of the CEO in November at Japan on charges of financial malfeasance at Nissan.
“I have always pointed out, recalling the presumption of innocence of Carlos Ghosn, that if Carlos Ghosn were to be permanently prevented, we will have to move on, to a new stage, we are there and we are now entering a new stage. “explained Bruno Le Maire.
A new governance to define
While Carlos Ghosn has so far held the chairmanship of the diamond manufacturer and that of the Renault-Nissan-Mitsubishi alliance, “it will be up to the board of directors to define exactly the outline (of) functions” in the context of the future governance, the minister said.
Bruno Le Maire also said that “the question of participation in the Renault-Nissan alliance is not on the table”.
With Reuters (Myriam Rivet, edited by Sophie Louet)