Renault appoints Clotilde Delbos as interim CEO, confirms immediate replacement of Thierry Bollore

Renault has announced Clotilde Delbos as interim CEO, confirming prior reports of the replacement of Thierry Bollore for the role. Bollore’s position as CEO had earlier been reported to be at stake due to his close ties with ousted former CEO Carlos Ghosn, following alliance partner Nissan’s own appointment of new CEO Makoto Uchida, who replaced Hiroto Saikawa.

Delbos will be assisted by Olivier Murguet and José-Vicente de los Mozos, both assuming the role of deputy managing directors, while the role of president of Renault goes to Jean-Dominique Senard, who is also chairman of the board at the French brand. Bollore has called the move ‘a coup’ and a ‘shocking power grab’ in an interview with French website Les Echos.

Interim CEO Delbos joined the Pechiney Group in 1992, and continued in various roles as financial director before entering her last two positions as deputy CFO and chief risk officer at Constellium. Delbos joined Renault in 2012 as group controller, then was appointed executive vice president and CFO of Groupe Renault in 2016, as well as chairman of RCI Banque.

Former Renault CEO Ghosn was also removed from his position as chairman of Nissan on suspicion of financial law breach in Japan after stepping down as president and CEO of Nissan. The just-replaced Bollore was chosen by Ghosn to be his successor, and was promoted to chief operating officer last year following Ghosn’s arrest.

During his tenure, Ghosn was also Mitsubishi chairman upon the latter’s entry into the Renault-Nissan alliance, and has been credited with turnaround of Nissan from near bankruptcy and the restructuring of Renault from the late ’90s and early 2000s.

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Mick Chan

Open roads and closed circuits hold great allure for Mick Chan. Driving heaven to him is exercising a playful chassis on twisty paths; prizes ergonomics and involvement over gadgetry. Spent three years at a motoring newspaper and short stint with a magazine prior to joining this website.

 
 

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