Communication of the Lead Independent Director of Renault
14 December 2018 12:07
Boulogne-Billancourt, 14 December 2018 – Philippe Lagayette, Lead Independent Director, chairing the Board of Directors of Renault, refutes the press rumors reporting differences of opinion within the Board of Directors at its ordinary meeting of 13 December 2018.
The Board clearly noted in its communication that, based on the elements available, it has decided to maintain the current governance measures as established during its meeting of 20 November 2018. It has not considered the potential succession of Mr. Carlos Ghosn.
In addition, the Board of Directors, contrary to certain press allegations, has congratulated the company’s managers for their engagement in, and their efficient management of, the current situation.
About Groupe Renault
Groupe Renault has been making cars since 1898. Today it is an international, multi-brand group combining the Renault, Dacia and Renault Samsung Motors, Alpine and LADA brands. In 2017, it sold close to 3.76 million vehicles through 12,700 outlets in 134 countries. Groupe Renault employs more than 180,000 people and operates 36 manufacturing facilities worldwide. To address the major technological challenges of the future and pursue profitable growth, Renault focuses on international development. It is harnessing complementary coverage across its five brands; electric vehicles; and its unique alliance with Nissan and Mitsubishi. With its Formula 1 team, Renault is active in motorsport as a powerful force behind innovation, image and brand recognition.
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