Patrick Pelata, who stepped down from his post as Renault SA’s chief operating officer in 2011 following a botched espionage investigation, said he’s leaving the carmaker because he wasn’t given enough responsibilities.
Renault SA accepted Patrick Pelata ’s resignation from his post as the French carmaker’s second-in-command over a botched espionage investigation that led to the wrongful dismissal of three senior managers.
Renault SA Chief Executive Officer Carlos Ghosn will lose his second-in-command after Patrick Pelata resigned, bowing to pressure from the French government to take responsibility for a botched espionage probe.
Renault SA Chief Operating Officer Patrick Pelata ’s exit over a botched espionage investigation threatens the French company’s plan to reverse sagging European sales and expand in emerging markets, analysts said.
Renault SA , France’s second-biggest carmaker, doesn’t aim to sell its stake in Swedish truckmaker Volvo AB soon because the manufacturer has enough funds to reduce debt, Chief Operating Officer Patrick Pelata said.
Renault SA Chief Executive Officer Carlos Ghosn gave up his bonus and turned down second-in-command Patrick Pelata ’s resignation after wrongfully accusing senior managers of spying in a case that has become a personal embarrassment for the top two executives.
Renault SA Chief Executive Officer Carlos Ghosn gave up his bonus and turned down second-in-command Patrick Pelata ’s resignation after the company admitted wrongfully accusing senior managers of spying.
Renault SA sees a drop of 7 percent to 9 percent in car sales this year in Europe and a “siginificant” decline in 2011, Le Figaro reported, citing Patrick Pelata, the company’s deputy chief executive officer.