In “Le Parisien” on Wednesday, the Minister of the Economy Pierre Moscovici challenges Carlos Ghosn on the promise he had made to reduce his remuneration. From the New York Motor Show, the boss of Renault replied to him at the start of the evening that the reduction in his emoluments was “effective”. After a week of walkouts, on March 13, the CEO and three Renault unions signed the competitiveness agreement which provides for 7,500 net job cuts and an increase in working hours in return for the maintenance of the French factories of the manufacturer. . That day, Carlos Ghosn had made a promise, the terms of which he reiterated this Wednesday in New York.
“I said, when we were negotiating the agreement on competitiveness, that (…) I would link 30% of this variable remuneration to the fact that Renault first signs the agreement and then that it honors all its commitments in the agreement”, explained the boss of Renault on Wednesday. “Now that the agreement is signed, it is effective,” he added. In 2011, the variable part of Carlos Ghosn’s salary as CEO of Renault was 1.59 million euros and the fixed part was 1.23 million. He also receives substantial compensation as the boss of Nissan.
Ghosn’s proposal had provoked strong reactions. Starting with that of the Minister of Productive Recovery, Arnaud Montebourg: “It will help, but it is not enough. The main thing is first and foremost Renault’s industrial relocation policy, of which the State holds 15%. Eva Joly (EELV) described Carlos Ghosn’s remarks as “indecent”.