• Mar 16, 2011
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Renault's chief executive officer, Carlos Ghosn, is under intense scrutiny after the automaker admitted to wrongfully firing three of its executives on suspicions of industrial espionage. France's Socialist Party boss, Martine Aubry, has told France Info radio that Ghosn should ultimately take responsibility for this humiliating affair, saying that:
When an employee makes a mistake in a company, he does not have to apologize – he is out.
Francois Baroin, a spokesman for the French government, told LCI television that Renault should:
Take all the consequences ... from the incredible amateurism, and the indignity, and the attack against these men.
On Monday, Renault apologized for the debacle. That same day, Carlos Ghosn gave up his bonus and refused to accept the resignation of second-in-command, Patrick Pelata, who had vowed to fall on his sword if it turned out Renault was wrong to fire the three execs originally accused of industrial espionage. Ghosn told TF1 television that he has refused Pelata's resignation because he "did not want to add one crisis to another." Bertrand Rochette, one of the three men wrongly accused, released a statement saying that he had not been contacted by Ghosn.

Renault is pledging to overhaul its corporate governance and will, from here on out, have its security division report directly to the automaker's executive committee, but will that be enough to put an end to this fiasco? We shall see.

Photos by Sebastian Blanco / Copyright ©2010 AOL

[Source: Reuters, Automotive News – sub. req.]

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