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Tag Archives: carlos ghosn
Ghosn, Pélata, others Lose Bonus over Renault Spy Case
Renault’s board of directors has approved a plan that would see CEO and President Carlos Ghosn and Chief Operating Officer Patrick Pélata, as well as other involved senior managers lose their 2010 bonuses and 2011 stock options because of the wrongful termination in January of three employees on false charges of industrial spying.
This ends speculation that Ghosn’s and Pélata’s positions were threatened by the corporate bungling, which became a minor political controversy in France. Pélata had tendered his resignation, but Ghosn refused to accept it.
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Renault Spy Case Executive Firings Wrong Prosecutor Says. French Government Investigations Continue into the Fraud
The board of directors of Renault met today in an unscheduled meeting after a French prosecutor said earlier that three executives dismissed by Renault are innocent of claims by Renault that industrial spying was going on and that the executives were depositing payments into bank accounts in Switzerland and Liechtenstein. Continue reading →
Posted in auto news, fools 'n frauds, litigation, news analysis, people
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Tagged auto informed, auto news, autoinformed, autoinformed.com, automotive news, balthazard, carlos ghosn, Ken Zino, patrick pélata, Renault, renault spying, rochette, tenenbaum, zino
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