Carlos Ghosn presents Renault’s projected organisation evolution

September 5, 2013: Carlos Ghosn, chairman and Chief Executive Officer, presented a project aimed at adapting Renault Group's organisation to the company's top 120 managers on September 2, and to the Board of Directors. This project will be presented to union representatives on September 9.

The intention is to reinforce Renault’s industrial, commercial and financial performance while continuing to empower the regions. Two functions would be created in addition to the existing Finance, Human Resources and CEO office functions.

Chief Competitive Officer: This office would include the existing following functions: Product and Programmes, Design, Engineering, Quality, IS/IT, Purchasing, Manufacturing and Supply Chain. Its main missions would be to reinforce the development of an attractive range of products, to improve product competitiveness, optimise total delivered cost, increase quality and reinforce programme profitability.

Chief Performance Officer: This office would include the group’s regions: Europe, Euromed-Africa, Eurasia, Americas and Asia-Pacific as well as the Sales and Marketing function. Its main missions would be to deliver the company’s revenue, market share and sales profitability targets.

It may be noted that on August 29, Carlos Tavares ‘mutually agreed with Renault’ to cease being the chief operating officer (COO) of Renault with immediate effect, ‘in order to pursue other personal projects’. The company’s chairman and CEO, Carlos Ghosn has temporarily taken the additional role of COO till the company decides on the next COO.