TOKYO (Kyodo) -- Carlos Ghosn, chairman of the alliance of Nissan Motor Co., Renault SA and Mitsubishi Motors Corp., joined Nissan in June 1999 and led the Japanese automaker's turnaround.
Having earned the nickname "cost cutter" while restructuring Renault, Ghosn, who became Nissan president and chief operating officer in June 2000, led the Yokohama-based company's turnaround through drastic reform measures including plant closures, personnel cuts and streamlining of ties with parts suppliers.
He quickly revived Nissan by implementing restructuring dubbed the Nissan Revival Plan, achieving the company's return to profitability in the first year.
Some of his turnaround measures were unprecedented in the Japanese business community, closing three domestic plants, cutting over 20,000 employees and terminating business with some 40 percent of parts suppliers.
Nissan achieved targets in the Nissan Revival Plan ahead of its three-year deadline.
In 2001, he became Nissan president and CEO.
From 2003, he concurrently served as co-chairman, president and CEO. He also became the president and CEO of Renault in 2005.
He additionally became chairman of Nissan in 2008 and of Renault in 2009.
In December 2016, he was named chairman of Mitsubishi Motors Corp. after Nissan made the Tokyo-based carmaker an affiliate.
Before joining Renault, Ghosn served as chairman and CEO of Michelin North America Inc., where he managed Michelin's acquisition of the Uniroyal Goodrich Tire Co. in 1990.
He was born in Brazil in 1954. He graduated with French engineering degrees from Ecole Polytechnique in 1974 and from Ecole des Mines de Paris in 1978.