Renault-Nissan declined to comment on the incentive plan or its chances of adoption. His combined 15.6 million euros in Renault-Nissan pay amounted to the third-biggest haul among French CAC 40 company bosses. Ghosn, who is also chairman of Renault, Nissan, Mitsubishi Motors and the Renault-Nissan BV alliance management organisation, said in February the government’s near-20% Renault stake was blocking a full tie-up. The alliance bonus plan would seek to encourage Renault and its 44%-owned partner Nissan to operate more like a merged company without the need for actual ownership changes. In April, Ghosn stepped aside as Nissan CEO, though he continues to oversee operations as chairman.

Source: Hindustan Times June 13, 2017 12:45 UTC