Carlos GhosnFrance

Carlos Ghosn Bio, Wiki, Age, Wife, Children, Salary, Arrest, Nissan Motors Chairman

Carlos Ghosn - Nissan Chairman arrested over 'significant' financial misconduct

Carlos Ghosn Wiki

Carlos Ghosn Bio

Carlos Ghosn was born on 9th March 1954. He is a French-Brazilian businessman, who has served as the chairman and CEO of France-based Renault, chairman, and CEO of Japan-based Nissan, and chairman of Mitsubishi Motors. From June 2013 to June 2016, Ghosn was chairman of Russia-based automobile manufacturer AvtoVAZ. Ghosn is also chairman and CEO of the Renault–Nissan–Mitsubishi Alliance, the strategic partnership overseeing Nissan, Mitsubishi and Renault through a unique cross-shareholding agreement. The Alliance, which includes AvtoVAZ, has held approximately 10% of the global market share since 2010, and as of 2017 is the third largest automobile group worldwide, having previously been the fourth largest automobile group worldwide since 2010.
Carlos Ghosn Age March 9, 1954 (age 64) Porto Velho, Rondônia, Brazil
Carlos Ghosn Nationality French–Brazilian
Carlos Ghosn Education École Polytechnique (1974) École des Mines (1978)
Occupation Chairman and CEO of Renault and the Renault–Nissan–Mitsubishi Alliance; chairman of Nissan Motors and Mitsubishi Motors.
Carlos Ghosn Salary In the 2017 financial year, He earned a compensation of 7.4 million euro ($8.45 million). In addition to this, he received 9.2 million euros in his final year as Nissan chief executive.
Carlos Ghosn Wife Carole Nahas (m.2018)
Carlos Ghosn Children 4 grown children: Caroline, Nadine, Maya, and Anthony.

Carlos Ghosn Early life and education

Carlos Ghosn’s grandfather Bichara Ghosn emigrated from Lebanon to Brazil at the age of 13, eventually settling in remote Guaporé, Rondônia, near the border between Brazil and Bolivia. Bichara Ghosn was an entrepreneur and eventually headed several companies, in fields including the rubber trade, the sale, and purchase of agricultural products, and aviation. His son Jorge Ghosn married a Nigerian-born woman whose family also came from Lebanon, and they settled in Porto Velho, the state capital of Rondônia.

Carlos Ghosn was born in Porto Velho. When he was about two years old he became sick after drinking unsanitary water, and his mother moved with him to Rio de Janeiro. He did not fully recover there, and in 1960, when Ghosn was six years old, he and his mother and sister moved to Beirut, Lebanon, where his grandmother lived.

Carlos Ghosn completed his secondary school studies in Lebanon, at the Jesuit school College Notre-Dame de Jamhour. He then completed his classes preparatory in Paris, at the College Stanislas and the Lycee Saint-Louis. He graduated as an engineer from the Ecole Polytechnique in 1974 and the Ecole des Mines de Paris in 1978.

Carlos Ghosn Career

In the late 1990s, Ghosn was involved in the radical restructuring of Renault returning the company to profitability. He became known as “Le Cost Killer”. In the early 2000s, for orchestrating one of the auto industry’s most aggressive downsizing campaigns and spearheading the turnaround of Nissan from its near bankruptcy in 1999, he earned the nickname “Mr Fix It”.

Following the Nissan financial turnaround, in 2002 Fortune awarded him Asia Businessman of the Year. In 2003 Fortune identified him as one of the 10 most powerful people in business outside the U.S., and its Asian edition voted him Man of the Year. Surveys jointly published by the Financial Times and PricewaterhouseCoopers named him the fourth most respected business leader in 2003 and the third most respected business leader in 2004 and in 2005. He quickly achieved celebrity status in Japan and in the business world, and his life has been chronicled in a Japanese manga comic book. Ghosn has been asked to run at least two other automakers, General Motors and Ford. His decision to spend €4 billion (more than $5 billion) so Renault and Nissan could jointly develop an entire lineup of electric cars including the Nissan Leaf, billed as “the world’s first affordable zero-emission car”, is one of the four subjects of the 2011 documentary Revenge of the Electric Car.

Ghosn stepped down as CEO of Nissan on 1st April  2017, while remaining chairman of the company until he was expelled following his arrest on 19th November 2018.

Carlos Ghosn Arrest

On the evening of 19th November 2018, Japanese news media announced the arrest for questioning of Ghosn by Tokyo District Prosecutors, concerning allegations of false-accounting. News reports highlighted that sales of cars made by Nissan had exceeded those of Toyota, ranking Nissan as the world’s second largest automobile company and that Ghosn had reduced his salary from a Billion Yen to 735 Million in the last fiscal year. Ghosn was reportedly a proponent of merging large automobile companies in different economies of different countries. Ghosn was taken away for interrogation upon re-entry into Japan, at Haneda Airport, at 4:30 PM the 19th of November, along with a second suspect, named as Greg Kelly. President of Nissan, Saikawa, announced at a press conference that Ghosn has been dismissed and shall be stripped of executive rights upon a meeting to be held on Thursday 22nd November 2018. Saikawa stressed that the dismissal was the result of Nissan’s internal inquiry, and did not comment on the ongoing prosecution, other than to say that Japan’s Nissan and staff should co-operate fully with criminal prosecutors.

Carlos Ghosn Personal life

Ghosn holds both Brazilian and French citizenships. He has been noted for his direct, no-nonsense, results-oriented and execution-oriented style in business strategy meetings,  but also for his interest in resolving problems from within a company by listening to workers and by cross-functional and cross-cultural team groupings.

Ghosn is multilingual, speaking four languages fluently: French, Portuguese, English, and Arabic, and he has also studied Japanese. He also maintains ties to Lebanon, where he lived for 10 years and where he completed his primary and secondary education. He is a partner in Ixsir, a winery in the northern coastal town of Batroun, Lebanon. In 2012 he was named to the Honorary Board of the American Foundation of Saint George Hospital in Beirut.

Ghosn has been hailed as a potential presidential candidate in Lebanon. In a June 2011 survey by life-insurance company AXA, Ghosn was ranked No. 7 in a random poll asking Japanese people, “Which celebrity do you want to run Japan?” (Barack Obama was No. 9, and Prime Minister Naoto Kan was No. 19.) He has however declined such overtures, saying he has “no political ambitions”.

Carlos Ghosn Wife and Children

By his first marriage, Ghosn is the father of four grown children: Caroline, Nadine, Maya, and Anthony. In May 2016 he married Carole Nahas. He has residences in France, Japan, and Brazil.

Carlos Ghosn Awards and recognition

  • In 2002, he was appointed a Chevalier of the Legion of Honour (Knight of the Legion of Honour) by the French government.
  • In 2002 Fortune awarded him Asia Businessman of the Year.
  • In 2003, he was named Man of the Year by Fortune magazine’s Asian edition.
  • In 2003 Fortune listed him as one of the 10 most powerful business leaders outside the U.S.
  • In 2004, he was added to the Automotive Hall of Fame.
  • In 2004, he was also added to the Japan Automotive Hall of Fame.
  • In October 2006, Ghosn was made an Honorary Knight Commander of the Order of the British Empire.
  • In 2010, CEO Quarterly magazine listed Ghosn as one of the “Most Respected CEOs”
  • In November 2011, CNBC listed Ghosn as Asia Business Leader of the Year.
  • In June 2012, Ghosn received the Japan Society Award.
  • In October 2012, Ghosn became the first person in the auto industry, and the fourth overall, to win a Lifetime Achievement Award from the Strategic Management Society, a non-profit group that promotes ethical and strategic business stewardship.
  • In October 2012, Ghosn was awarded the Grand Cross of the Order of Isabella the Catholic, an honorific designation to civilians in recognition of services that benefit Spain.
  • In 2013, he was appointed an International Fellow of the Royal Academy of Engineering.[
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Moses

Moses Njoroge is the Senior Editor at Glob Intel, a news and IT service provider company. He has a wide range of experience in freelance writing, Web/System Development and other related IT services.

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