France Presses Renault Over Executive Compensation Paid Via Dutch Holding Company

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  • 5 years ago

According to Reuters, the French government has told Renault to provide more details on compensation paid to senior executives via a Dutch holding company jointly owned with alliance partner Nissan. Finance Minister Bruno Le Maire made the demand after France’s CGT trade Union voiced concerns over payments made to certain high-ranking executives via the alliance’s Renault-Nissan BV Dutch venture.

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