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Ghosn cedes Nissan CEO role after a 16-year stint

Called 'Le Cost Killer' from his career at Renault, he will focus on tie-up with the French carmaker and Mitsubishi

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Brazilian-born, of Lebanese descent and a French citizen, Mr Ghosn began his career at Michelin in France, moving on to Renault, where he oversaw a turnaround of the carmaker. He joined Nissan in 1999 after Renault bought a controlling stake and became its CEO in 2001.

Tokyo

NISSAN Motor Co said Carlos Ghosn will step aside as chief executive officer after leading the firm for 16 years, allowing him to concentrate on deploying his cost-cutting expertise across its alliance with Renault SA and newly added Mitsubishi Motors Corp.

In handing over

sentifi.com

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