Renault is about to show CEO Thierry Bolloré the door. According to insiders, his position is being discussed during a meeting later on Friday. Bolloré took over at the helm of the French automaker after the resignation of the discredited Carlos Ghosn.
If it comes to an exit from Bolloré, who was Ghosn’s right-hand man for many years, then that is a clear signal, according to experts, that Renault wants to smooth out the folds with partner Nissan. The Japanese chose a new chairman of the board a few days ago. With new people at the top, confidence in the alliance must be restored.
Ghosn was at the helm of Nissan, Renault and a partnership with Mitsubishi. He was detained in Japan for months on suspicion of fraud, tax evasion and other malpractice. His demise revealed, among other things, bad governance at Nissan and fueled tensions between the automakers.
Renault’s Clotilde Delbos financial director would provisionally assume his duties after Bolloré’s departure.