Breaking News
0
Ad-Free Version. Upgrade your Investing.com experience. Save up to 40% More details

Renault to have CEO shortlist soon but not in rush: Sueddeutsche Zeitung

Stock MarketsNov 17, 2019 02:40PM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
© Reuters. FILE PHOTO: The logo of French car manufacturer Renault is seen at a dealership of the company in Bordeaux

FRANKFURT (Reuters) - Renault (PA:RENA) will have soon drawn up a shortlist of candidates for chief executive officer but there is no rush, the French carmaker's chairman told a German newspaper.

Renault ousted chief executive Thierry Bollore in October as the carmaker and its Japanese partner Nissan (T:7201) have tried to rekindle their relationship after the arrest of the alliance's former head Carlos Ghosn.

"If we select a person by the end of the year, all the better. If not, it's not a bad thing," Jean-Dominique Senard told Seuddeutsche Zeitung in an interview published on Sunday.

He praised Renault's finance director, Clotilde Delbos, who took over as interim CEO.

Bollore had been close to Ghosn and had strained relations with Nissan's previous boss.

Appointing new faces at the helm of Renault could help draw a line under almost a year of turmoil and revive cooperation between two carmakers once seen as destined to a full merger.

Senard did not rule out reducing Renault's stake in Nissan, which he said the Japanese firm had long demanded. The French company holds 43% of Nissan's shares.

"Things are not written for all eternity," Senard said. "However, a reduction in shares must make sense."

French Finance Minister Bruno Le Maire said on Sunday that the search was ongoing for a new CEO and that he favoured selecting a professional from the automobile sector.

Renault to have CEO shortlist soon but not in rush: Sueddeutsche Zeitung
 

Related Articles

Corporate leverage returns to pre-pandemic levels
Corporate leverage returns to pre-pandemic levels By Reuters - Sep 20, 2021

By Yoruk Bahceli (Reuters) - U.S. and European companies have marked another milestone in their road to recovery from COVID-19, seeing their debt levels relative to profits...

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Continue with Google
or
Sign up with Email