Open

Coming up

Don't miss

Replay


LATEST SHOWS

FOCUS

Spain's El Hierro to become world's first self-powered island

Read more

IN THE PAPERS

A bellwether for what not to do

Read more

ENCORE!

Luc Besson back in action with Scarlett Johansson in 'Lucy'

Read more

FOCUS

Israel's minorities and military service

Read more

MIDDLE EAST MATTERS

Iraq: Kurdish forces fight to protect Yazidis

Read more

DEBATE

Libya unrest: National Assembly asks for UN help to dissolve militias

Read more

DEBATE

Pakistan's Political Turmoil: Can Imran Khan's PTI Party Depose the Government? (part 2)

Read more

DEBATE

Pakistan's Political Turmoil: Can Imran Khan's PTI Party Depose the Government?

Read more

MEDIAWATCH

#IceBucketChallenge and hashtag activism

Read more

  • France’s Hollande says global security ‘worst since 2001’

    Read more

  • France urges Iran, others in region, to join fight against IS

    Read more

  • Brutal IS beheading video sparks social media pushback

    Read more

  • Ex-PM Juppé announces bid for 2017 French presidential race

    Read more

  • A new view on Normandy landings, 70 years on

    Read more

  • Video: Dozens arrested despite smaller protests in Ferguson

    Read more

  • Dozens killed as landslides strike Japan’s Hiroshima

    Read more

  • Deadly airstrikes hit Gaza as ceasefire with Israel collapses

    Read more

  • Suspected Ebola cases in Austria, new drug raises hopes

    Read more

  • WWII anniversary highlights best - and worst - of Paris police

    Read more

  • Headscarf at the beach sparks French MEP’s fury

    Read more

  • Video: Life in under-siege Donetsk

    Read more

  • Racism, riots and police violence: USA under scrutiny

    Read more

  • ‘Let it be’: Londoners sick of Abbey Road tourists

    Read more

Business

Carlos Ghosn to strengthen hold on Renault

Latest update : 2008-12-10

Carlos Ghosn, the current president of French carmaker Renault, will become the company's chairman and CEO in May. Ghosn will also replace Louis Schweitzer as chairman of Renault's board of directors.

AFP - Carlos Ghosn, president of French auto maker Renault, will become the company's chairman and chief executive officer in May, Renault announced Wednesday.

He will also become chairman of Renault's board of directors, replacing Louis Schweitzer, who has said he will not seek a renewal of his mandate as director at the annual shareholders' general assembly on May 6.

"At this point it will be proposed to the board of directors an evolution concerning the governance," Renault said in a statement.

"Carlos Ghosn would be named chairman and chief executive officer and, additionally to his current functions, he will become chairman of the board of directors," the statement said.

Ghosn is also co-chairman, president and chief executive officer of Nissan of Japan.

Renault holds a controlling stake in Nissan, Japan's third largest automaker by sales.

Date created : 2008-12-10

COMMENT(S)