France warns against 'exorbitant' payoff for ex-Renault boss Ghosn - Dealers Care

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Monday, 28 January 2019

France warns against 'exorbitant' payoff for ex-Renault boss Ghosn

PARIS (Reuters) - France's finance minister said on Sunday a severance package for former Renault chief Carlos Ghosn, forced to resign in a financial scandal, should not be "exorbitant" and that the French state would follow the matter closely. Renault, which this week appointed a chairman and chief executive tandem to replace Ghosn, has yet to finalise its former boss' severance package, a potentially explosive issue in France where the government is facing protests over low pay and inequality.

from Latest News Business on Firstpost http://bit.ly/2DDcKHR

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