Carlos Ghosn has resigned from his role as chairman and chief executive of Renault two months after his arrest in Japan on charges of financial misconduct.
The 64-year-old was a supporter of the company’s Formula 1 programme and back its return to the sport as a full constructor in 2016. Renault also enjoyed championship success under Ghosn in 2005 and 2006.A meeting of the Renault board of directors this morning “took note of the resignation of its current chairman and chief executive officer”, said Renault in a statement. A new structure for the company was agreed, including the separation of the roles of chairman and CEO.
Jean-Dominique Senard has been named the new director of the board and elected chairman. He proposed Thierry Bolloré to become the company’s new CEO, which the board accepted. Senard was previously CEO of tyre manufacturer Michelin. Bolloré joined Renault in 2012 and was previously the group’s chief operating officer.
Renault is due to launch its 2019 F1 campaign on February 12th, six days before the start of testing. The team finished fourth in the constructors’ championship last year.
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The Limit
24th January 2019, 15:05
What’s don’t drop the soap in French?
BlackJackFan
24th January 2019, 15:40
“…ne pas oublier le nettoyeur…” ?? :-)
BasCB (@bascb)
24th January 2019, 16:11
From the short info on how “spartan” japanese jails are, I think he would be happy to even see soap more than once a week The limit.
ruliemaulana (@ruliemaulana)
24th January 2019, 17:18
An article that perfectly answered previous article. When F1 not a priority anymore for Renault, Ricciardo could still have his smiling face but most likely crying inside.
BaKano (@bakano)
24th January 2019, 18:01
Ghosn was a major supporter of the involvement in F1 but it is too soon to draw any conclusions.Unless he was the only reason Renault came back to F1, I don’t see why this situation would immediately change the plans.
@HoHum (@hohum)
25th January 2019, 0:32
@bakano, Fair point, especially as I note from the article that Ghosn was also the boss when Renault dropped out of F1.