French automaker Renault said Friday that it had dismissed its chief executive Thierry Bollore, just nine months after he was named in the wake of the arrest of the previous boss, Carlos Ghosn, on charges of financial misconduct.
The company gave no reason for the sudden move, only saying that chief financial officer Clotilde Delbos would take over temporarily as it searches for a new CEO.
In an exceptional board meeting earlier Friday "the Board of Directors decided to end the mandate of Mr Thierry Bollore as chief executive officer of Renault... With immediate effect," it said in a terse statement.