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First challenge for Renault's new chiefs: Ghosn's payout

First challenge for Renault's new chiefs: Ghosn's payout

5 years ago
Anonymous $Dftgs0JzgE

https://phys.org/news/2019-01-renault-chiefs-ghosn-payout.html

"I can tell you we will be extremely vigilant, as the largest shareholder, over the exit conditions that will be set by the board," Finance Minister Bruno Le Maire told AFP at the World Economic Forum in Switzerland this week.

Ghosn had already raised hackles in France as one of its highest-paid business chiefs, and a huge payout for an executive sitting in a Tokyo jail wouldn't go down well amid the "yellow vest" protests over declining living standards.

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