By Rob Miller | Portfolio Manager at NAOS Asset Management
Podcast from The Daily, New York Times
Carlos Ghosn was one of the most powerful CEO’s on the planet. Remarkably, he was the CEO and/or Chairman of three Fortune 500 companies at the same time, being the global car companies Renault S.A, Nissan Motor Co Ltd and Mitsubishi Motors Corporation.
As a CEO and/or Chairman, Ghosn’s track record for generating shareholder value is strong, however since late 2018 Ghosn has been in the global media spotlight for all of the wrong reasons. Ultimately he was arrested and jailed awaiting trial in Japan for fraud related activity.
This podcast provides details on how Ghosn became an international fugitive. Ghosn’s actions are very polarising, but these actions have turned the balance of power in his upcoming trial squarely in his favour. The trial of Carlos Ghosn will certainly be one to stay up to date with.