Renault boss Carlos Ghosn has informed the Financial Times that he will likely resign before the end of his term in 2022 as CEO of the French automaker

The 64-year-old executive will continue to serve as Chairman of Renault while advancing as CEO and Chairman of the Renault-Nissan-Mitsubishi alliance. Renault has not yet issued an official statement on this topic.

"You may suspect that I will stop being CEO of Renault before 2022," Ghosn said during an interview.

Ghosn is currently focusing on strengthening the relationship between Nissan and Renault, and better-prepare the automakers for the current industry shift on all-electric and self-propelled vehicles . To focus on this, in 2017 he handed over Hiro Saikawa's day-to-day business to Nissan.

Of course, Ghosn did not for the first time hint at taking on a different role. In 2012, he stated that he did not want to continue this in his 60s, while at the beginning of this year he warned Renault CEO to step down during an industrial policy hearing, saying that the management of three big companies was not # 39 ; t & # 39; sustainable

Last September, Allianz announced a medium-term plan for 2022 targeting annual synergies of more than € 10 billion ($ 11.8 billion) – a significant increase of $ 5 billion a year 2016, reports Autonews

In the future, Renault's current Chief Operating Officer, Thierry Bollore, may be the one to complete the CEO duties Ghosn resigns .

Logo – Alliance Renault Nissan Mitsubishi Motors

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