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Former Renault boss Ghosn loses compensation, shares

Thursday, February 14, 2019, 7:49 AM

French car maker Renault says it will not pay former Chairman Carlos Ghosn compensation following his resignation. Renault says in-a-statement its board unanimously decided to waive Ghosn's "non-compete commitment and, consequently, not to pay the corresponding compensation equal to two-years fixed and variable compensation." Renault also canceled shares granted to Ghosn from 2015 to 2018, which were subject to his continued presence at Renault.
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Sacked Nissan Boss Offers To Wear Electronic Ankle Tag For Bail

Monday, January 21, 2019, 7:53 PM

Ousted Nissan Motor Co Chairman Carlos Ghosn has offered to wear an-electronic-ankle-tag and hire guards to monitor him in an unusual bid to secure his release on bail after two-months of detention in Japan for alleged financial crimes. Ghosn is also willing to remain in Tokyo, where he has leased an apartment, and post stock he owns in Nissan as collateral, his spokeswoman said.
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Nissan executive Munoz resigns after Ghosn's arrest

Sunday, January 13, 2019, 7:13 AM

Nissan Chief Performance Officer Jose Munoz, who took a-leave-of absence a-week-ago, has resigned, first high-profile departure at Japanese automaker publicly acknowledged as related to arrest of former Chairman Carlos Ghosn. Munoz said in statement on LinkedIn Saturday he made the decision after serious thinking because the company was "involved in matters that have and will continue to divert its focus," referring to Ghosn's case.

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