Published by Global Banking & Finance Review®
Posted on April 17, 2025
1 min readLast updated: January 24, 2026
Add as preferred source on GoogleRenault Chairman Senard will step down from Nissan's board amid performance challenges. The move follows a revised alliance agreement between the automakers.
TOKYO (Reuters) -Renault Chairman Jean-Dominique Senard is to step down from Nissan's board of directors, the Japanese automaker said on Thursday, as the company tackles its declining performance.
Senard, who served as Nissan's vice chairman, will resign at the end of the annual general meeting of shareholders scheduled for June, a company statement said.
It also said another Renault representative, Pierre Fleuriot, would also leave Nissan's board at the same time.
Both automakers agreed in March to modify their two-decade-old alliance to allow for a reduction in cross-shareholdings and to relieve Nissan of its commitment to invest in Renault's electric vehicle unit Ampere.
(Tokyo newsroom; Editing by Jan Harvey and Barbara Lewis)
The article discusses Renault Chairman Jean-Dominique Senard stepping down from Nissan's board as part of a revised alliance agreement.
Senard is stepping down as part of a strategic move to address Nissan's declining performance and adjust the Renault-Nissan alliance.
The alliance is being modified to reduce cross-shareholdings and relieve Nissan from investing in Renault's EV unit Ampere.
Explore more articles in the Finance category
