Will Carlos Ghosn stay entrenched for ever at Renault & Nissan ?
Renault SA presents to the vote on April 29th. in resolutions 5 and 6 two related party agreements, one with its first shareholder the French State and the other one with its listed Japanese giant subsidiary Nissan Motors. This so called ‘stabilization agreement’ follows the adoption of a double voting right provision last year imposed by the French State and it includes an unexpected revision of the original balance of power between Renault and Nissan Motors. While this situation was foreseen by observers, for Proxinvest, this unneeded change is actually a “coup d’état” by Carlos Ghosn, the Chairman & CEO of two listed and integrated groups, arranged with the complacency of the Renault directors and insuring him a perfectly entrenched position as perpetual tycoon. […]
Was the excessive pay of Robert Dudley at BP an insult to the economic background ? YES
The Company faced a challenging year in 2015, with oil prices falling by more than [...]
Sika : why Saint Gobain should withdraw from its foolish attempt.
The French glass and building material group had seven years ago a first negative experience [...]
French Yellow pages individual shareholders put their company under pressure
In a unique case of general investors mobilisation the individual holders of Solocal Group, a [...]
Exorbitant retirement boon for BBVA COO
Angel Cano Fernandez has made a killing for himself after a short stint as COO [...]
The UK CEOs Fat Cat Tuesday beats the French CEOs Fat Cat Friday noon…
Did our British friends borrowed from La Fontaine his Raminagrobis description (*) qualifying top CEOs as "fat cats"? The British site High Pay Centre, advised by our ECGS partner Manifest, celebrated on January 5 the UK "fat cat Tuesday" ... Recalling that the top 100 British [...]
