September 19, 2026
#Business

Nissan poised to propose Ghosn replacement on board


The board of Japanese car giant Nissan is poised to suggest a replacement for jailed former chairman Carlos Ghosn at a meeting in Tokyo on Tuesday .

Ghosn’s arrest and subsequent indictment on three charges exposed rifts between Nissan and French carmaker Renault which, together with Mitsubishi Motors, make up the world’s top-selling auto manufacturing group.

New Renault boss Jean-Dominique Senard is expected to replace Ghosn on the board but an extraordinary shareholders’ meeting in April will be needed to sign off on the appointment.

At this gathering in April, shareholders also will be asked to remove Ghosn and his right-hand man Greg Kelly from the board as they fight allegations of financial misconduct.Both were sacked from the board after their arrest on November 19 but a special shareholders’ meeting is required to remove them officially.

The Japanese firms jettisoned Ghosn almost immediately but Renault waited much longer and the tycoon eventually resigned as chairman and CEO.It was a result of “opposition and anxiety on the project of bringing the companies together,” said Ghosn, amid rumours his arrest was a “coup” designed to prevent a fully fledged merger between Nissan and Renault.

Nissan poised to propose Ghosn replacement on board

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Nissan poised to propose Ghosn replacement on board

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