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Jan. 24, 2019, 2:34 a.m. EST

Renault CEO and Chairman Ghosn resigns

By Nick Kostov

PARIS--Renault SA (RNO.FR) Chief Executive and Chairman Carlos Ghosn has resigned from his roles at the car maker, French Finance Minister Bruno Le Maire said in an interview, as the company's board prepares to meet to name successors.

"Carlos Ghosn just resigned last night," Mr. Le Maire told Bloomberg television at The World Economic Forum in Davos, Switzerland. "Now it's time to define and put a new governance in place."

The French automaker's board is meeting later on Thursday to replace Mr. Ghosn, which would remove an obstacle to a sustainable relationship with Nissan Motor Co. (7201.TO), the Japanese car maker with which it has a longrunning alliance.

Renault is likely to name Thierry Bollore, Renault's deputy CEO, to succeed Mr. Ghosn as chief executive, and Michelin Chief Executive Jean-Dominique Senard to take over the chairmanship of the company, according to people familiar with the matter.

People close to the company confirmed that Mr. Ghosn's letter of resignation would be presented to the board Thursday.

"What is today the most important thing is to prepare the future of Renault and the future of the alliance," Mr. Le Maire said.

Write to Nick Kostov at Nick.Kostov@wsj.com

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