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Carlos Ghosn

• Global car sales have bottomed: Nissan-Renault's Carlos Ghosn

  Economictimes - Found 2 hours ago NEW DELHI: The global car market has bottomed and is on track for 60 million units sales this year and next, Carlos Ghosn, who heads Japan's Nissan UPDATE 1-Global car sales have bottomed-Nissan/Renault's Ghosn - Interactive Investor International UPDATE 1-Global car sales have bottomed-Nissan/Renault's Ghosn - Reuters UK UPDATE 1-Global car sales have bottomed-Nissan/Renault's Ghosn - Reuters 'Global car sales have bottomed' - Economictimes Explore All

• Nissan releases official sketch of NV200-based electric commercial ...

  Autoblog - Found Nov. 6, 2009 Carlos Ghosn, though, announced at the Tokyo Motor Show that there would be plenty more to come , including an unnamed Infiniti model...

• Renault's future still up in air

  ITV.com - Found Nov. 5, 2009 Carlos Ghosn told reporters it was too early to say whether his firm would be staying on the grid. 'You will have to be patient,' Ghosn was... Vatanen: 'Renault OK to query F1' - CNN Vatanen on Renault's F1 future - CNN Renault's turn to threaten quitting F1 - New Zealand Herald Ferrari accuses the FIA of waging war against carmakers - Earthtimes.org Explore All

  Sporting Life

• Renault decision on F1 future expected by year end (PA SportsTicker)

  Yahoo Nascar - Found Nov. 5, 2009 PARIS(AP) ?Renault CEO Carlos Ghosn says the automaker will announce whether it will stay in Formula One racing before the year ends. Renault mulls quitting Formula One: reports - AFP via Yahoo! UPDATE 1-Renault to decide Formula 1 future by end of year - Reuters Renault set timetable for F1 future - The Independent More fears over Renault F1 future - Oxford Times Explore All

  Reuters Africa

• Renault partners with Atomic Energy Commission to build batteries in ...

  New York Times - Found Nov. 5, 2009 ... emission mobility on a mass scale requires unique collaboration between public and private sectors', said Carlos Ghosn, Chairman and CEO of... Renault Boosts Electric Car Battery Plans as French Government ... - New York Times Renault and France in Joint Project for Electric Car Batteries - Wall Street Journal Renault, Nissan set up joint venture to produce electric vehicle ... - Metronews Explore All

  New York Times

• Nissan returns to profit amid strong China sales

  Canadian Business Magazine - Found Nov. 4, 2009 ... half of fiscal 2009 is encouraging, demonstrating that Nissan's recovery plan is on track," president and CEO Carlos Ghosn said in a statement. Nissan Motor July-September Net Profit Y25.5 Billion Vs Y73.6 ... - Morningstar.com Nissan Changes Loss Guidance to Profit - International Herald Tribune Nissan returns to quarterly profit on China sales - San Jose Mercury News Nissan Returns To Profit In Latest Quarter - CBS News Explore All

  San Jose Mercury News

• Nissan-Renault eye battery plant in France - media

  Reuters UK - Found Nov. 3, 2009 Nissan Chief Executive Carlos Ghosn said in late October the Franco-Japanese alliance, which has unveiled plans to manufacture batteries in... Nissan-Renault eye battery plant in France - media - Interactive Investor International Nissan-Renault eye battery plant in France - media - Reuters Nissan set to boost battery output to supply automaker - Taipei Times Online Nissan to boost Renault battery supply: report - AFP via Yahoo! Explore All

• Plugging Electric Vehicles

  Cleantech Blog - Found Nov. 1, 2009 Indeed, Nissan plans to sell these batteries to other automakers. Nissan?s CEO, Carlos Ghosn , is by his own words ?extremely bullish...

• Penske: Saturn Deal Didn't Meet Renault's Return Requirement

  Morningstar.com - Found Oct. 30, 2009 According to people familiar with the matter, Penske had thought he had an agreement with Carlos Ghosn, Renault's chairman and chief executive... UPDATE 1-Penske listens as foreign automakers want to sell - Interactive Investor International Penske Automotive 3Q Profit Rises 16 Percent - ABC News Penske Auto Group 3Q Net Up 24% On Margin Gains, Cost Cuts - Morningstar.com UPDATE 2-Penske profit up on cost-cutting - Interactive Investor International Explore All

• Nissan bet on raking in profits with Leaf name

  Japan Times - Found Oct. 30, 2009 At Nissan's annual shareholders meeting in June, Chief Executive Officer Carlos Ghosn was pressed to explain why no name had been announced... Design: The Electric Car and the Road Not Taken - New York Times Wheego delivers its first all-electric low-speed car - Atlanta Journal And Constitution Lightweight Axon Automotive Plug-In Hybrid Has Carbon Fiber Body - Reuters Nissan bet on raking in profits with Leaf name - Japan Times Explore All

Carlos Ghosn extracted from Wikipedia, the Free Encyclopedia, distributed under the GNU Free Documentation License

Carlos Ghosn
Ghosn speaking at the 2008 World Economic Forum meeting in Davos
Born	March 9, 1954 (1954-03-09) (age 55) Porto Velho, Brazil
Occupation	CEO of Renault and Nissan

Carlos Ghosn, (Arabic: كارلوس غصن‎, pronounced karlos go:n ), Knight Commander of the British Empire, born 9 March 1954 is a Brazilian-French-Lebanese businessman. He is the current CEO and President of Renault of France and Nissan of Japan. He is largely credited with turning around Nissan. As an outsider in charge of one of Japan's largest companies, Ghosn has been extremely successful. He was voted Man of the Year 2003 by Fortune magazine's Asian edition and is also on the board of Alcoa, Sony, and IBM. Ghosn became CEO of Renault, in 2005, succeeding Louis Schweitzer, while remaining CEO of Nissan as well.

Contents 1 Personal life 2 Career 3 Awards and recognition 4 Adaptations 5 See also 6 Notes 7 External links

Personal life

Ghosn (pronounced Gonne in French, Ghosen in Lebanese Arabic) was born in Porto Velho, Brazil on 9 March 1954 to Lebanese parents. At age 6, he moved to Beirut, Lebanon, with his mother. He completed his secondary school studies there, in a Jesuit school (Collège Notre-Dame de Jamhour). Then he completed his classes préparatoires at Lycée Stanislas in Paris.^{citation needed} He graduated with engineering degrees from the École Polytechnique in 1978 (X1974) with last year's specialisation at the École des Mines de Paris. He is a Brazilian, Lebanese and French citizen.¹

He is married with four children.^{citation needed} Ghosn is multilingual, speaking 4 languages fluently (Arabic, Portuguese, French and English).²

Career

Before he joined Renault, Ghosn had worked with Michelin for 18 years. As chairman and CEO of Michelin North America, Ghosn presided over the restructuring of the company after its acquisition of the Uniroyal Goodrich Tire Company in 1990. Previously, Ghosn had worked as the COO of Michelin's South American activities based in Brazil; as head of research and development for industrial tires in Ladoux, France; and as plant manager in France.

Prior to joining Nissan, Ghosn had served as executive vice president of the Renault Group, a position he had held since December 1996. In addition to supervising Renault activities in the Mercosur, he was responsible for advanced research, car engineering and development, car manufacturing, powertrain operations and purchasing. He became president of Renault in April 2005.

Ghosn joined Nissan as its chief operating officer in June 1999, became its president in June 2000 and was named chief executive officer in June 2001. His turnaround of Nissan has gained him celebrity status in Japan, where he has published books and even has a manga character based on him.

When he joined the company, it had debt of $20 billion and only three of its 48 models were generating a profit. Ghosn was viewed as an outsider by the media and parts of Nissan. Ghosn promised to resign if the company did not reach profitability by the end of the year,³ and claimed that Nissan would have no net debt by 2005. He defied Japanese business etiquette, cut thousands of Nissan jobs, shut the first of five domestic plants, and auctioned off prized assets such as Nissan's aerospace unit. His radical moves have made him Public Enemy No. 1 to Japanese traditionalists. However, in one year, Nissan's net profit climbed to $2.7 billion from a loss of $6.1 billion in the previous year. Nissan's operating profit (EBIT, or earnings before interest and taxes) margin has increased from 1.38% in FY 2000 to 9.25% in FY 2006.⁴

Kirk Kerkorian recently urged General Motors Corporation to consider a partnership with Nissan and Renault. Carlos Ghosn expressed interest in Renault acquiring up to a 20% stake in General Motors Corporation at a dinner with Kirk Kerkorian that took place around 20 June 2006. Kerkorian had hoped to attract Ghosn to General Motors as CEO, forcing out then GM CEO Rick Wagoner, as Kerkorian believed Ghosn's approach to the auto business and success in turning around both Renault and Nissan make him best-suited to run General Motors.

Talks with GM broke off without any alliance or commitment from either side; Kerkorian has since sold off all shares in GM.

Not so well known, is that Carlos Ghosn was also in the auditing committee of Mirant's board, a firm that went bankrupt in 2003 after severe liquidity and accounting problems. Mirant was Arthur Andersen's second largest client in the power industry, right after Enron.⁵⁶

Awards and recognition

In October 2006, Ghosn was named Knight Commander of the British Empire. He may use the KBE honor, but as he is not a UK citizen he may not use the title "Sir."

Adaptations

The life of Carlos Ghosn was turned into a comic book series in Japan, titled The True Story of Carlos Ghosn (カルロス・ゴーン物語―企業再生の答がここにある!!).⁷⁸ It was first serialized in the 2002-01-18 issue of Big Comic Superior⁹. The 7-chapter stories were later published as a separate book in 2002-04 by Shogakukan. The book was written by Yoko Togashi, and illustrated by Takanobu Toda.

See also

• Lee Iacocca, CEO who led a similar turnaround at Chrysler, who holds a similar type of celebrity to Ghosn in the United States.
• Sergio Marchionne, CEO who led a similar turnaround at Fiat.
• Tom Lane (Nissan).

Notes

External links

Wikimedia Commons has media related to: Carlos Ghosn

• Renault bets on electric - by Sean O'Grady, The Independent.
• Renault-Nissan emerges as global giant under Ghosn, by Jorn Madslien, BBC News
• Carlos Ghosn Revealed on CNN.com
• Detroit News "Nissan CEO: The making of a superstar"
• Business Week "A Spin with Carlos Ghosn"