Renault strips Ghosn loyalist of executive role as part of broader management shakeup GlobeBusiness
Renault has sidelined a senior executive close to Carlos Ghosn, as the French car maker and its Japanese affiliate Nissan continue to overhaul management in the wake of the financial scandal engulfing their former chairman.
Ghosn is facing trial in Japan for failing to disclose some $82-million in income he had arranged to be paid later, as well as transferring personal investment losses to Nissan when he was chief executive. He denies any wrongdoing.Ghosn’s November arrest and dismissal as Nissan chairman, following an internal investigation, inflamed tensions with 43.4 per cent-owner Renault that have begun to ease since his forced resignation from the French car maker in January.
Sepehri’s move, first reported by Bloomberg, ends her oversight of corporate governance, communications, legal and public affairs at Renault, as well as her influential role as secretary to the board.
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