Carlos Ghosn

Former Chairman and CEO of Renault-Nissan-Mitsubishi Alliance

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Carlos Ghosn is a Brazilian-born businessman of Lebanese descent, renowned for his leadership in the automotive industry. He served as the Chairman and CEO of the Renault-Nissan-Mitsubishi Alliance, a global strategic partnership that became one of the world's largest automakers under his guidance. Ghosn is widely recognized for his aggressive cost-cutting and turnaround strategies that rescued Nissan from near-bankruptcy in the early 2000s, earning him the moniker 'Le Cost Killer.' His illustrious career, however, concluded amidst significant legal controversies and his dramatic escape from Japan.

Biographie

Early Life and Background

Carlos Ghosn was born on March 9, 1954, in Porto Velho, Rondônia, Brazil. His parents, Jorge Ghosn and Rose Ghosn (née Bouchacra), were both of Lebanese ancestry. His grandfather, Bichara Ghosn, had immigrated from Lebanon to Brazil at the age of 13, establishing a successful import-export business in the Amazon region. At the age of six, Carlos Ghosn and his family relocated to Beirut, Lebanon, where he spent his formative years. He attended the prestigious Collège Notre-Dame de Jamhour, a Jesuit secondary school in Beirut, known for its rigorous academic curriculum and emphasis on multilingualism.

Education

Following his secondary education in Lebanon, Carlos Ghosn moved to France to pursue higher education. He completed his preparatory classes at Lycée Saint-Louis in Paris, a highly competitive institution, before gaining admission to two of France's most esteemed engineering 'grandes écoles.' In 1974, he graduated from École Polytechnique, a leading French institute for engineering and applied science. He continued his studies at École des Mines de Paris (now Mines ParisTech), from which he graduated in 1978 with a civil engineering degree, specializing in mining. These institutions provided him with a strong analytical and technical foundation that would prove invaluable throughout his career in heavy industry.

Career

Carlos Ghosn commenced his professional career in 1978 at Michelin, the French tire manufacturer. He started as a plant manager in Le Puy-en-Velay, France, quickly demonstrating his capabilities. By 1981, he was promoted to head of research and development for industrial tires. His talent for revitalizing struggling operations became evident when, in 1985, he was appointed Chief Operating Officer of Michelin's South American operations, based in Brazil. He successfully turned around this financially troubled division, a feat that brought him international recognition within the company. In 1989, Ghosn was named Chairman and CEO of Michelin North America, where he played a pivotal role in integrating the newly acquired Uniroyal Goodrich Tire Company, a complex merger that significantly expanded Michelin's presence in the North American market.

In 1996, Ghosn joined Renault as Executive Vice President. At Renault, he was responsible for the company's South American activities, as well as research, advanced engineering, product development, manufacturing, and purchasing. He quickly earned the nickname 'Le Cost Killer' for his aggressive yet effective cost-cutting measures, which significantly improved Renault's profitability.

His most impactful role began in 1999 when Renault acquired a controlling 36.8% stake in Nissan, which was then on the brink of bankruptcy. Ghosn was dispatched to Japan as Nissan's Chief Operating Officer. In 2000, he became President, and by 2001, he was appointed Chief Executive Officer. He spearheaded the 'Nissan Revival Plan' (NRP), a radical restructuring program that involved closing five Japanese plants, reducing the workforce by 21,000 employees, divesting non-automotive assets, and implementing a new procurement strategy to improve supplier relations. Against widespread skepticism, Ghosn successfully returned Nissan to profitability within a year, an achievement that cemented his reputation as a legendary turnaround specialist. In 2005, he also assumed the roles of President and CEO of Renault, becoming the first person to simultaneously run two Global 500 companies.

In 2016, following Nissan's acquisition of a 34% stake in Mitsubishi Motors, Ghosn was appointed Chairman of the board of Mitsubishi Motors, bringing it into the burgeoning Renault-Nissan Alliance, which was subsequently renamed the Renault-Nissan-Mitsubishi Alliance. By 2017, he stepped down as CEO of Nissan, transitioning to Chairman, to focus on the strategic development and synergy of the Alliance, which under his leadership became one of the world's largest automotive groups by sales volume.

Major Achievements

Carlos Ghosn's career is marked by a series of extraordinary achievements. His leadership at Michelin saw him successfully integrate the Uniroyal Goodrich acquisition and revitalize its South American operations. At Renault, he was instrumental in reversing the company's financial decline through stringent cost-cutting and efficiency improvements. His most celebrated achievement is undoubtedly the 'Nissan Revival Plan,' which saved Nissan from imminent collapse and transformed it into a highly profitable global automaker. He was a vocal proponent of electric vehicles, overseeing the development and launch of the Nissan Leaf, one of the world's first mass-market electric cars. Furthermore, he was the architect and driving force behind the Renault-Nissan-Mitsubishi Alliance, a unique cross-cultural and cross-shareholding partnership that aimed to achieve economies of scale and technological synergies, positioning it as a dominant force in the global automotive industry.

Personal Life

Carlos Ghosn holds Brazilian, French, and Lebanese citizenships, reflecting his diverse background. He is fluent in Portuguese, French, English, Arabic, and conversant in Japanese. His first marriage was to Rita Kordahi, with whom he had four children: Caroline, Nadine, Maya, and Anthony. This marriage ended in divorce in 2012. In 2016, he married Carole Nahas. Ghosn maintained residences in various countries throughout his career, including France, Japan, and Lebanon. His family life became a point of public interest during his legal troubles, particularly his dramatic escape to Lebanon.

Legacy

Carlos Ghosn's legacy is complex and multifaceted. He is widely regarded as one of the most transformative leaders in the history of the automotive industry, lauded for his strategic vision, bold decision-making, and ability to execute large-scale corporate turnarounds. His success at Nissan, in particular, became a case study in corporate revitalization and cross-cultural management. He fostered a culture of performance and accountability, breaking traditional Japanese corporate norms. However, his career ended abruptly and controversially. His arrest in Japan on charges of financial misconduct – including under-reporting compensation and misuse of company assets – and his subsequent dramatic escape from the country, have severely tarnished his public image and raised significant questions about corporate governance and judicial processes in Japan. Despite the scandal, his contributions to the global automotive landscape, especially in pioneering electric vehicles and building the powerful Renault-Nissan-Mitsubishi Alliance, remain undeniable. His story serves as both an inspiration for corporate leadership and a cautionary tale about the perils of unchecked power and alleged corporate malfeasance.

Chronologie de Carrière

1954 – Present

Birth

Born in Porto Velho, Rondônia, Brazil, to Lebanese parents.

1974 – Present

Graduation from École Polytechnique

École Polytechnique

Obtained his engineering degree from one of France's most prestigious 'grandes écoles'.

1978 – Present

Graduation from École des Mines de Paris

École des Mines de Paris

Received a civil engineering degree, marking the start of his professional career.

1978 – 1996

Career at Michelin

Michelin

Held various roles, including plant manager, head of R&D for industrial tires, COO of South American operations, and Chairman & CEO of Michelin North America, where he integrated Uniroyal Goodrich.

1996 – 1999

Executive Vice President at Renault

Renault

Implemented cost-cutting measures, earning him the nickname 'Le Cost Killer' and significantly improving the company's financial health.

1999 – 2001

Chief Operating Officer and President of Nissan

Nissan

Dispatched to rescue Nissan from near-bankruptcy, initiating the drastic 'Nissan Revival Plan'.

2001 – 2017

Chief Executive Officer of Nissan

Nissan

Successfully returned Nissan to profitability and oversaw its global expansion and pioneering efforts in electric vehicles.

2005 – 2019

Chairman and CEO of Renault

Renault

Became the first person to simultaneously run two Global 500 companies, leading the Renault-Nissan Alliance.

2016 – 2019

Chairman of Mitsubishi Motors

Mitsubishi Motors

Appointed chairman after Nissan acquired a stake, forming the Renault-Nissan-Mitsubishi Alliance.

2017 – 2018

Chairman of Nissan

Nissan

Stepped down as CEO to focus on the overall strategy and synergy of the Renault-Nissan-Mitsubishi Alliance.

2018 – Present

Arrest in Japan

Arrested in Tokyo on charges of financial misconduct, including under-reporting compensation.

2019 – Present

Escape from Japan to Lebanon

Dramatically fled Japan to Lebanon while awaiting trial, becoming an international fugitive.

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