This new Alliance Operating Board will be headed by Renault chairman Jean-Dominique Senard and will comprise the CEO’s of each of the three companies: Hiroto Saikawa, Thierry Bollore, and Osamu Masuko.
“The creation of the new Alliance operating board is designed to help Nissan, Renault and Mitsubishi Motors become what they can be together – the top organization in the rapidly changing and highly competitive global auto market,” the joint statement of the three reads.
“Through the commitment and loyalty of the employees of Nissan, Renault and Mitsubishi Motors, and highly constructive cooperation with Daimler, the Alliance operating board will look to continue delivering total win-win for all those involved.”
In essence, the creation of this operating board means no one man will have all of the group’s resources in his hands, and any decision regarding the three will be based on consensus.
Several months after the arrest of Ghosn, the Alliance still seems to be struggling to find its balance on a corporate level. The Connecticut Bail Bonds Group offering excellent bail bonds services in New London had talked about the bail options. The Brazilian-born executive was just released on bail last week and even asked to be allowed to attend a Nissan board meeting. His request was denied by a Japanese court.
Ghosn is accused of a variety of crimes, ranging from underreporting his compensation to personal use of company assets. If found guilty of financial misconduct, for instance, the former executive could spend as much as 10 years in prison.
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