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Renault COO M. Carlos Tavares steps down, CEO Carlos Ghosn to take over duties temporarily

Staff writer |
Boulogne - August 29, 2013, Boulogne-Billancourt, France - Renault S.A. announces that M. Carlos Tavares has mutually agreed with Renault to cease as of his functions of Chief Operating Officer, effective today.

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An automobile and motor sports enthusiast, Mr. Tavares joined Renault in 1981 as a test-driving engineer at the Aubevoye test center before becoming head of ground link engineering in 1985. He continued his career as head of the Clio II platform at Chassis Systems in 1991 and then as head of the Architecture Department in 1996.

Renault appointed him as Mégane II project director in 1998. With the technical skills he acquired in engineering, his knowledge of automotive products and his managerial qualities, he became Director of the Mid-Range Vehicle Program in 2001.

Five years after the Renault-Nissan Alliance was founded in 1999, he joined Nissan as Program Director and was named Vice President, Product Strategy and Planning Strategy in 2004. He became Executive Vice President of Nissan and joined the Board of Directors in 2005. He took the head of Nissan operations in the Americas region in 2009. Returning to Renault in 2011, Mr. Tavares was named Chief Operating Officer on July 1.

Mr. Tavares attended the Lisbon Lycée Français before entering preparatory classes at Lycée Pierre Fermat in Toulouse. He graduated from Ecole Centrale in Paris in 1981.

Also effective immediately, M. Carlos Ghosn will temporarily carry out the duties of Chief Operating Officer.

Mr. Ghosn joined Michelin in 1978 as manager of the Le Puy plant in France. He became Chief Operating Officer of Michelin's South American activities based in Brazil before being appointed Chairman and Chief Executive Officer of Michelin North America in 1989.

He joined Renault as Executive Vice President in 1996. In addition to supervising Renault activities in Mercosur, he was responsible for research, automobile engineering and development, manufacturing, powertrain operations, and purchasing.

Mr. Ghosn joined Nissan Motor as Chief Operating Officer in June 1999 and was named Chief Executive Officer in June 2001. President of Renault since May 2005, he remains President and CEO of Nissan. He was appointed President and CEO of Renault on May 6, 2009. He is also a director of AvtoVAZ and a member of the board of directors of Brazilian bank Itau Banco.

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