Renault’s second in command, Carlos Tavares has stepped down from his role of Chief Operating Officer and is leaving the company with immediate effect. In a statement released this morning, it cites his reason as being “in order to pursue other personal projects.”

The move comes as something of a surprise, given he was widely expected to succeed Chief Executive Carlos Ghosn next year. Ghosn, who is also Chairman and CEO of Nissan has been the boss at Renault since 2005.

Carlos-TavaresCarlos Tavares, has held the position of Chief Operating Officer at Renault since 2011.

In this morning’s statement, Renault confirmed that Ghosn will temporarily carry out the duties of Chief Operating Officer who also thanked Carlos Tavares “for successfully contributing to the results of the company all along his career.”

Tavares joined Renault in 1981, working his way up from test engineer to his current role which he’s held since July 2011.

He is a keen motor sports enthusiast and responsible for many of the company’s most recent projects including the 316bhp Twin’Run concept and Alpine A110-50 Concept. He was also a central figure in the partnership between Caterham and Alpine to build a series of new sports cars.

Tavares’ exit comes a fortnight after making a surprise statement about his future career, in a media interview he said it was unlikely he’d reach the top-spot at Renault, he also said he believed he was capable of running a global automotive company such as General Motors or Ford.

Renault will announce a re-organisation of its management team in the near future.


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Steve Davies

Steve is an investor, private equity advisor and former Partner at KPMG, PwC and Bain.   Most importantly he's a life-long car enthusiast, mountain biker and active sports enthusiast. He designs and builds technology platforms and is the architect behind Transmission.

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