Feb 16, 2018
Renault asks Carlos Ghosn to stay on as chief executive
French car giant Renault has asked Carlos Ghosn to stay on as chief executive for a further four years. Renault's board said it wanted Mr Ghosn to "Take decisive steps to make the alliance irreversible", as well as drive Renault's 2022 growth plans, and shore up its succession plans. On Wednesday, the firm also said Thierry Bolloré had been appointed as Renault's chief operating officer - a position he will take up next week. Mr Bolloré was already a senior Renault executive, and is now expected to eventually succeed Mr Ghosn. Renault, which has been making cars for over a century, created an alliance with Nissan in 1999.
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