Percent Stake: Japanese Automaker and Shareholders Meeting

percent stake: In Nissan's proposal, I am the only member from Renault appointed for the committees, and CEO Bollore is not included, Senard said at the meeting, according to The Japan Times. Senard, also a Nissan board member, said he supports its efforts to strengthen governance. At an annual shareholders meeting in Paris, Senard said Renault CEO Thierry Bollore should be added to new committees to oversee executive nominations, compensation and audits at Nissan. ; Renault has a 43 percent stake in the Japanese automaker, which holds a 15 percent nonvoting stake in its French peer. The Japanese automaker is set to propose its plan for establishing committees and the appointment of members at its annual shareholders meeting on June 25. We are discussing the matter with Renault, he said. Nissan CEO Hiroto Saikawa told reporters in Tokyo on Thursday the two automakers have slightly different views on who should be appointed. (news.financializer.com). As reported in the news.

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