Renault denies any divergence within the board on Ghosn

Renault denied any divergence within its board of directors at its meeting the day before, while Reuters reported doubts expressed by some directors over the retention of Carlos Ghosn as CEO.

Carlos Ghosn

Renault (shareholder of Challenges) on Friday, December 14 denied any divergence in its board of directors at its meeting the day before, while Reuters reported doubts expressed by some directors on the retention of Carlos Ghosn as CEO. The board of directors also did not “examine the possible succession of Mr. Carlos Ghosn”, adds the French manufacturer in a press release.

“Philippe Lagayette lead director, current chairman of the board of directors of Renault, denies press rumors indicating differences within the board during its ordinary meeting held on December 13, 2018”, said Renault.

Reuters had reported criticism of some directors

“Moreover, the board of directors, contrary to certain press allegations, congratulated the management of the company for its involvement and efficient management in the current situation,” he adds.

Reuters reported on Thursday that the French government was on the lookout for candidates to possibly succeed Carlos Ghosn as head of Renault and that some directors had expressed doubts about the decision to keep the CEO, who has been detained in Japan since November 19. Reuters also reported criticism from some directors of Renault management’s handling of the crisis.

(With Reuters)