June 12, 2019 / 4:27 PM / 2 months ago

Renault confident to reach an agreement with Nissan on board committees

FILE PHOTO: Renault Chairman Jean-Dominique Senard attends a joint news conference in Yokohama, Japan, March 12, 2019. REUTERS/Kim Kyung-Hoon

PARIS (Reuters) - The chairman of French car maker Renault said he was confident of reaching an agreement with partner Nissan on the composition of the Japanese company’s main board committees.

Jean-Dominique Senard, Renault’s chairman, said he would support Nissan’s governance reform if the Japanese firm allowed Renault’s two representatives on Nissan’s board to be part of its powerful committees.

Nissan had offered to let only Senard to sit on the committees but Renault insists its chief executive Thierry Bollore also have a role.

If that demand is met, Renault would vote for all the governance changes, Senard said during the car maker’s general shareholders meeting held in Paris on Wednesday.

Reporting by Gilles Guillaume; Writing by Inti Landauro; Editing by Kirsten Donovan

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