Ghosn gone: Jailed executive resigns from Renault

Carlos Ghosn, the man who once headed up Renault, Nissan and Mitsubishi Motors, has decided to quit as the chairman and CEO of Renault. After a meeting of its board of directors, Renault has appointed Thierry Bolloré as the company's new permanent CEO. Bolloré was elevated from chief operating officer to interim CEO after Ghosn was arrested in Japan in November 2018.