Carlos Ghosn elected ACEA President

ERJ staff report (TP)

Brussels – The Board of Directors of the European Automobile Manufacturers' Association (ACEA) has elected Carlos Ghosn, Chairman and CEO of Renault, as its new President.

Ghosn takes over from Philippe Varin, former Chairman of the Board of Management of PSA Peugeot Citroën. This change is effective immediately.

Ghosn joined Michelin in 1978 as Plant Manager in Le Puy, France, before being appointed Head of Research and Development for industrial tires in Ladoux, France. He became Chief Operating Officer of Michelin's South American operations, then Chairman and Chief Executive Officer of Michelin North America in 1990.

He joined Renault as Executive Vice President in 1996 and was appointed Chief Operating Officer of Nissan Motors in June 1999, thereafter becoming President in 2000 and Chief Executive Officer in 2001. Ghosn has been Chairman and CEO of Renault since May 2005. He remains President and CEO of Nissan, and Chairman and CEO of Renault Nissan Alliance.

Ghosn was previously ACEA President in 2009.

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Press release from ACEA