The Truth About Tavares Slowly Slips Out
The departure of Carlos Tavares is barely 24 hours old, but we’re already getting reports of the genesis of Tavares’ exit, which was only partially brought about by his public courting of North American OEMs.
A report by Bloomberg claims that Tavares also sought expanded responsibilities from CEO Carlos Ghosn as part of his role as COO
Tavares wanted to expand his responsibilities beyond purely operational decision-making to include oversight of areas such as human resources and legal matters, one of the people said.
Ghosn, who is also the CEO of alliance partner Nissan Motor Co., turned him down and offered to let him stay as COO, said the people, who asked not to be identified because the talks were private. Tavares, who would have still reported to Ghosn under his proposal for a broader role, decided instead to seek a top post elsewhere, they said.
Tavares, who assumed the role two years ago, negotiated a crucial deal with French unions that saw domestic assembly plants preserved in exchange for a nearly 20 percent reduction in the workforce. Tavares also achieved similar labor cost reductions at Nissan’s North American unit.
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