Renault Board Is Ready to Replace Carlos Ghosn as Chairman, CEO
- Some Renault board members are said to want quick decision
- French officials in Tokyo to discuss Renault-Nissan alliance
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Carlos Ghosn is on the verge of losing his final tether to power, with Renault SA said to be laying plans to remove him as its leader almost two months after the car titan’s shock arrest rocked its alliance with Nissan Motor Co. and Mitsubishi Motors Corp.
The French carmaker’s board will probably meet in the coming days to replace him as chairman and chief executive officer, according to people familiar with the matter. Renault directors were spurred into action by Ghosn’s failure this week to win bail, pointing to a lengthy incarceration, said the people, who asked not be named because the information isn’t public.