By on October 11, 2019

Renault’s board of directors met today to decide the fate of CEO Thierry Bolloré. Though we should say ex-CEO, because they fired him.

As the most recent executive to become subject to the management shakeup that’s bent on removing anyone within the Renault-Nissan-Mitsubishi Alliance with ties to defamed founder Carlos Ghosn, Bolloré called the board’s decision surprising (it wasn’t). Speaking with France’s Les Échoshe contended that he was more concerned with the wellbeing of Renault than corporate politics and expressed fears that the alliance could be falling apart as Japan aggressively seeks to remove more Ghosn-era hires.

“I appeal to the highest level of the State shareholder, guarantor of the rules of good governance, not to destabilize Renault, flagship of our French industry,” he said. “This coup is very disturbing, it is very important to understand the ins and outs of what is happening in Japan.” (Read More…)

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