Monday , April 12 2021

Seren Felt Carlos Ghosn deserved Big Payment. His Captors say he's gone so far.



Mr Ghosn kept homes in Paris, Amsterdam, Beirut and Rio de Janeiro; have transported around the world on a corporate jet; and lunch with state heads. He collected contemporary art, which was invested in wineries and, in 2016, he was rented to Farchallau to celebrate his wife to his second wife, Carole, and his 50th birthday. The party was inspired by the film Sofia Coppola "Marie Antoinette."

When the prosecutors boarded her corporate jet on Monday at Haneda Airport in Tokyo to take him to ask for a question, Mr Ghosn had been fired in many fighting for an active remuneration, something of a regular cover in his career. He has made many millions of dollars a chief executive and chairman of Nissan, Renault and Mitsubishi Motors. At times, he paid his salary to investors and politicians, including Emmanuel Macron, now president of France, when he was finance minister in 2016.

"He always argued that he was adequately compensated," said Robin Ferracone, founder of Councilors Farient, an executive compensation advisory firm. "The question was whether it should be compared to Japanese standards, or international standards or American standards."

In Japan, Mr Ghosn's remuneration was far more than his / her peers. As chairman of Nissan last year, he reported an income of ¥ 735 million, more than four times the salary of the Toyota chair.

"There was always a disconnection between the Western wages and Japanese control wages," said Christopher Richter, the deputy head of Japan's research in CLSA, an investment and brokerage group. Although it was "compared to executive officials in other countries, some people would consider it as underwater," Mr. Richter, "I think that you could say that there is something of cultural confrontation in that regard."

Mr Ghosn was not unreasonable for his salary and was interested in discussing his achievements. When this year's Financial Times asked him who was paying too much, he was laughing. "You will not have any C.E.O. he said," I've done it very well, "she said.

Mr Ghosn was born in Brazil to the Lebanese immigrants who moved to Beirut when he was a young child.

He went on to study engineering at an elite university in Paris, and then worked in the tire maker Michelin for 18 years.


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