Renault Nissan boss Carlos Ghosn earned $17.7 million in 2016-17, up 2.5% last year | business news | Hindustan Times
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Renault Nissan boss Carlos Ghosn earned $17.7 million in 2016-17, up 2.5% last year

Carlos Ghosn stepped down as Nissan CEO at the end of March, but remains chairman of the Japanese company.

business Updated: Jun 27, 2017 11:47 IST
Carlos Ghosn, chairman and CEO of the Renault-Nissan Alliance gestures before an interview during the Geneva Motor Show.
Carlos Ghosn, chairman and CEO of the Renault-Nissan Alliance gestures before an interview during the Geneva Motor Show.(Reuters file photo)

Nissan Motor Co on Tuesday said it paid CEO Carlos Ghosn 1.098 billion yen ($9.81 million) in the year ended March, up 2.5% from the previous year.

Ghosn, one of the best-paid auto executives, received a separate salary of 7.06 million euros ($7.89 million) last year as CEO of Renault SAC, Nissan’s automating alliance partner.

Ghosn stepped down as Nissan CEO at the end of March, but remains chairman of the Japanese company. He will also earn salaries for his positions as chairman and CEO of Renault, and as chairman of Mitsubishi Motors Corp, the newest member of the alliance.

($1 = 111.9100 yen)