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MarketScreener Homepage  >  Equities  >  Euronext Paris  >  Renault    RNO   FR0000131906

RENAULT

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Renault :'s former boss Ghosn remains director

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02/12/2019 | 12:35pm EST

Mubasher: Carlos Ghosn, who has quit as Renault chairman and CEO, is still holding other positions within the French automaker and its alliance with Nissan.

“Renault wishes to specify that Mr. Ghosn resigned from his terms of office as chairman of the board of directors and chief executive officer, but remains, as of the date hereof, director of Renault SA,” the car giant said.

Ghosn resigned last month as chairman and CEOafter his arrest last year in Japan for understating his pay and other financial misconduct at Renault’s partner Nissan.

Moreover, Ghosn remains a board member of Renault-Nissan BV, a Dutch joint venture that oversees the carmakers’ alliance, while he was replaced as the board’s chairman in agreement with the Japanese company, Renault said.

He also holds other positions at Alliance Rostec Auto BV and Renault do Brasil, the Boulogne-Billancourt-based car manufacturer added.

Source: Mubasher

(c) All Rights Reserved - Mubasher Info 2005 - 2019 Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

Stocks mentioned in the article
ChangeLast1st jan.
NISSAN MOTOR CO LTD 1.39% 948 End-of-day quote.10.73%
RENAULT -1.21% 58.91 Real-time Quote.9.31%
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Financials (€)
Sales 2019 58 439 M
EBIT 2019 3 691 M
Net income 2019 3 960 M
Finance 2019 4 088 M
Yield 2019 6,23%
P/E ratio 2019 4,27
P/E ratio 2020 4,06
EV / Sales 2019 0,23x
EV / Sales 2020 0,22x
Capitalization 17 634 M
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Mean consensus OUTPERFORM
Number of Analysts 23
Average target price 80,0 €
Spread / Average Target 34%
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Managers
NameTitle
Thierry Bolloré Chief Executive Officer
Jean-Dominique Senard Chairman
Clotilde Delbos Chief Financial Officer & Executive Vice President
Carlos Ghosn Bichara Director
Philippe Lagayette Lead Independent Director
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