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MANAGEMENT BODIES

Group Executive Committee (CEG) 

The Group Executive Committee comprises 8 members : 

 

  • The Chairman and CEO of Renault ;
  • The Chief Operating Officer of Renault ;
  • The Executive Vice President, Engineering and Quality ;
  • The Executive Vice President, Manufacturing and Logistics ;
  • The Executive Vice President, Sales and Marketing, and Light Commercial Vehicles, Leader of the Europe Management Committee ;
  • The Executive Vice President, Plan, Product Planning and Programs ;
  • The Executive Vice President, Chief Financial Officer
  • The Executive Vice President, Leader of Asia Africa Management Committee.   

The Group Executive Committee meets once a week and at monthly seminars.

Renault Management Committee (CDR) 

The Renault Management Committee comprises 26 members, including the members of the Group Executive Committee.

The Renault Management Committee meets once a month and at seminars held twice a year.

Compensation 

Members of the Renault Management Committee receive a consideration comprising a fixed and a variable portion. The variable portion is based on the company’s economic performance in the previous year. It comprises five factors: (1) the difference between budgeted and actual operating margin, (2) maximizing the elements between operating margin and net income excluding equity income from Nissan and Volvo, (3) the results achieved in terms of reducing warranty expenses, (4) the reduction in general, commercial and administrative expenses, and (5) an individual criterion related to the performance of the sector for which the member in question is responsible.