Renault reportedly to replace fallen CEO Carlos Ghosn with COO Thierry Bollore [CNBC]
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Source: CNBC
Fabrice Coffrini | AFP | Getty Images Deputy CDEO of French car maker Renault Thierry Bollore speaks during the first press day of the Geneva International Motor Show on March 6, 2018 in Geneva. French carmaker Renault plans to name Chief Operating Officer Thierry Bollore as an interim replacement for fallen CEO Carlos Ghosn , who was arrested in Tokyo, Dow Jones reported Tuesday, citing unidentified sources. Ghosn is one of the automotive industry's biggest figures, but his formidable legacy has been rapidly unraveling in the span of a few days. Ghosn had simultaneously served as the CEO of Renault, chairman of Japanese carmaker Nissan and the head of a strategic alliance among those automakers and another Japanese automaker, Mitsubishi . He is accused of under- reporting millions in income to Japanese authorities over the years and to have misused company funds. Before his arrest, he was reportedly planning to merge Renault
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