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Renault, Nissan, Mitsubishi unveil management shake-up amid Ghosn crisis


Renault, Nissan, Mitsubishi unveil management shake-up amid Ghosn crisis

Renault SA, Nissan Motor Co. Ltd. and Mitsubishi Motors Corp. on March 13 separately unveiled a new lineup of executive officers in the wake of former Chairman Carlos Ghosn's release from detention.

Renault CEO Thierry Bolloré shuffled the French carmaker's executive committee, appointing eight additional members, including CFO Clotilde Delbos.

At Mitsubishi, Trevor Mann will step down as COO, and will be replaced by Ashwani Gupta, who serves as senior vice president in the Renault-Nissan-Mitsubishi Alliance. Mann joined Mitsubishi in 2016 after Nissan acquired a controlling stake in the company.

Meanwhile, Nissan appointed three new corporate vice presidents, including Infiniti Motor Co. Ltd. President Christian Meunier. Nissan also named at least eight corporate officers and vice presidents who are leaving the company, including senior vice president Denis Le Vot who is returning to Renault, and corporate vice president Hiroshi Nagaoka, who is transferring to Mitsubishi.

All executive changes at the three companies are effective April 1.

The announcements came shortly after the carmakers formed a new alliance board that replaces the previous decision-making body that was formerly controlled by Ghosn. Renault Chairman Jean-Dominique Senard will chair the new four-member board.