Tags: EU | France | Renault | Ghosn

Renault board Meets over Ghosn Investigation, Paycheck

Renault board Meets over Ghosn Investigation, Paycheck

Wednesday, 03 April 2019 04:39 AM EDT

PARIS (AP) — The board of carmaker Renault is meeting to settle ex-chairman and CEO Carlos Ghosn's final paycheck — and wrap up its investigation into possible financial wrongdoing under his leadership.

The meeting Wednesday at Renault's headquarters in the Paris suburb of Boulogne-Billancourt comes after new reports of suspicious payments to a Renault-Nissan distributor in Oman under Ghosn's watch.

Ghosn has denied wrongdoing, and announced Wednesday that he will hold a news conference next week "to tell the truth about what's happening." He's facing financial misconduct charges in Japan, where he also served as chairman of Nissan before his November arrest.

The Renault meeting will finalize pay packages for Ghosn and other executives for 2018. Ghosn's fixed salary at Renault was 1.2 million euros ($1.3 million) but he also received variable pay based on company and personal performance.

© Copyright 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


GlobalTalk
The board of carmaker Renault is meeting to settle ex-chairman and CEO Carlos Ghosn's final paycheck - and wrap up its investigation into possible financial wrongdoing under his leadership.The meeting Wednesday at Renault's headquarters in the Paris suburb of...
EU,France,Renault,Ghosn
137
2019-39-03
Wednesday, 03 April 2019 04:39 AM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
 
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved