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RSS FeedsBlow for Carlos Ghosn as Renault votes unanimously for pay cut
(The Guardian Japan)

 
 

14 february 2019 02:50:54

 
Blow for Carlos Ghosn as Renault votes unanimously for pay cut
(The Guardian Japan)
 


Former Renault-Nissan chief is to lose EUR30m in pay and shares as his lawyer quitsRenault“s board of directors has voted unanimously to strip former boss Carlos Ghosn of up to EUR30m (£26m) in pay and severance.Renault issued a statement on Wednesday saying its board had agreed to waive Ghosn“s non-compete clause and as a result the company would not be paying the compensation linked to this agreement. The move has the backing of the French government. Continue reading...


 
9 viewsCategory: General > Asia > Japan
 
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