Monday, April 11, 2011

Patrick Pélata Resigns as Renault's COO in the Wake of EV Spy Scandal…but Remains at the Company


The botched espionage affair that rocked French carmaker Renault the past few months is once again in the headlines. Renault's Chief Operating Officer once again handed his resignation to the CEO Carlos Ghosn, but this time the group’s boss accepted it.

The move comes after the completion of two audits on Renault's wrongful handling of the affair, which resulted in three executives being fired without justification. “The audits evidenced the chain of failings and dysfunctions within the company, particularly as regards the supervision and control of the Group Security Department,” reads Renault's press release.

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