Carlos Ghosn remains Renault CEO after arrest, with new deputy

Men walk past a screen showing a news programme featuring Nissan chairman Carlos Ghosn in Tokyo on November 20, 2018. – Nissan and Mitsubishi shares plunged on November 20, as the automakers prepared to oust chairman Carlos Ghosn a day after he was arrested for alleged financial misconduct. (Photo by Toshifumi KITAMURA / AFP)

PARIS, France (AFP) — French automaker Renault said Tuesday it had appointed its chief operating officer as deputy CEO to ensure day-to-day management after the arrest of chief Carlos Ghosn, who will remain chief executive.

After an emergency board meeting, the company Thierry Bollore would become deputy CEO with Ghosn “temporarily incapacitated” following his arrest Monday in Japan on financial misconduct charges.

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