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Carlos Ghosn

Person
Carlos Ghosn
Thesupermat / CC BY-SA 3.0 · resizedfile
Born
Renault sent Ghosn to Nissan in 1999 when it was deep in debt and losing money. His Nissan Revival Plan closed five Japanese plants, cut around 21,000 jobs, broke up the supplier keiretsu and refreshed the model range, and Nissan returned to profit within a year and cleared its car-business debt soon after. The ending is the caveat: he was arrested in Japan in 2018 over financial misconduct allegations and fled to Lebanon in 2019 before trial.
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