The French board of directors announced on Thursday (local time) that it decided to suspend the dismissal of Chairman Carlos Ghosn. While the Renault-Nissan alliance is showing signs of cracking down after the chairman was arrested by the Japanese prosecution for missing 50 billion won in earnings reports, Renault plans to suspend its judgment on the chairman until he is confirmed.
"At this stage, the board of directors cannot comment on the evidence that Nissan and Japanese law enforcement authorities seem to have collected," Renault's board said in a statement. Instead, the board appointed Thierry Volore as its chief operating officer (COO) as its chief executive officer (CEO) who has the same full power as Chairman Gon and started a temporary management system. The chairman of the board of directors, Philippe Lagayette, was appointed as interim chairman of the Renault-Nissan Alliance.메이저사이트
The suspension of Chairman Gon`s dismissal is largely due to the French government`s decision to dismiss the chairman without evidence. Earlier in an interview, French Finance Minister Bruno Le Murder immediately investigated the tax issue right after Gon was arrested by the Japanese prosecution, but said that nothing particularly controversial was found in France.
Volore, 55, has been in charge of global industry, quality and packaging since joining Renault in 2012, and has been considered the de facto successor of Chairman Gon.
Some speculated that the arrest of the chairman was a conflict between French and Japanese management on the part of Renault's arrest and a conflict of friction over the merger between Renault and Nissan. "Kon was planning to merge Renault and Nissan before being arrested by the Japanese prosecution," said the Financial Times.
In this regard, French President Emmanuel Macron has called for the merger of Renault and Nissan to promote their industries since he was the Minister of Economy and Industry, which doubles the voting rights of shareholders holding shares for more than two years. Unlike Renault, which owns 43.4 percent of Nissan's shares, 15 percent of its shares do not have voting rights. It is speculated that the arrest of Chairman Gon by the Japanese prosecution may be an attempt by Japan to oust him from the merger.