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Nissan hopes Renault will listen about Ghosn misconduct

Published 12/17/2018, 06:08 AM
Updated 12/17/2018, 06:10 AM
© Reuters. FILE PHOTO - Carlos Ghosn, chairman and CEO of the Renault-Nissan-Mitsubishi Alliance, attends the Tomorrow In Motion event on the eve of press day at the Paris Auto Show, in Paris
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YOKOHAMA (Reuters) - Nissan's (T:7201) Chief Executive said on Monday he hoped alliance partner Renault SA (PA:RENA) will listen to its explanation of financial misconduct by former Chairman Carlos Ghosn.

Nissan CEO Hiroto Saikawa, announcing a plan to improve the company's governance in the wake of Ghosn's arrest and ouster, also said the company did not have a deadline in mind on when to name a successor.

© Reuters. FILE PHOTO - Carlos Ghosn, chairman and CEO of the Renault-Nissan-Mitsubishi Alliance, attends the Tomorrow In Motion event on the eve of press day at the Paris Auto Show, in Paris

While Nissan ousted Ghosn days after his arrest, the Renault board at a Dec. 13 meeting reiterated its decision to keep him in office. Renault directors have yet to be given access to Nissan's findings, which are being closely held by Renault lawyers.

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