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The Board of Directors of French automobile firm Renault ousted its CEO Thierry Bollore in October 2019, at the time stating that it had "decided to end the mandate of Mr Thierry Bolloré as Chief Executive Officer of Renault SA and President of Renault s.a.s with immediate effect.”
The announcement came after rumours of a management shake-up appeared in French newspapers earlier in the year and were understood to be an effort by the brand to further distance itself from former boss Carlos Ghosn, who was arrested over financial misconduct allegations.
At the time, Financial Director Clotilde Delbos was installed as interim CEO, with Olivier Murguet and José-Vicente de los Mozos taking positions as Deputy Managing Directors to assist Delbos in the role and keep the company running ‘seamlessly’ in the interim of its search for a new leader.
However, this week the firm has offered an update on its position that some may find enlightening. The carmaker’s Chairman Jean-Dominique Senard talked to German news outlet Seuddeutsche Zeitung and revealed that it will soon have a drawn-up shortlist of candidates for Chief Executive Officer but there is no rush. “If we select a person by the end of the year, all the better. If not, it’s not a bad thing,” he stated.
