Renault's Bollore Said to Win French Backing as Interim CEO
- The executive would replace Ghosn, who was arrested in Japan
- French carmaker is scheduled to hold a board meeting Tuesday
Thierry Bollore.
Photographer: Marlene Awaad/Bloomberg
This article is for subscribers only.
Renault SA Chief Operating Officer Thierry Bollore has won the backing of the French government to become interim chief executive officer following Carlos Ghosn’s arrest in Japan over allegations of financial impropriety, according to a person familiar with the matter.
The French state is also expected to support lead board director Philippe Lagayette as non-executive chairman to fill Ghosn’s other role, said two people, who asked not be be named because the deliberations aren’t public. France is the carmaker’s most influential shareholder and is seeking consensus at a board meeting later Tuesday without imposing these recommendations, one of the people said.