Business

Renault ousts CEO who replaced jailed former head Ghosn

PARIS (AP) — French carmaker Renault dismissed its chief executive officer on Friday, overhauling its leadership once again after the jailing of its previous chairman and CEO.

It came days after Nissan, with which Renault shares a deep alliance, named a new CEO, indicating the two companies were intent on cleaning house after a scandal over former chief Carlos Ghosn rattled their upper ranks.

The decision by the board to dismiss Thierry Bolloré was effective immediately.

Bolloré replaced Ghosn after the former CEO was jailed in Tokyo in last November on charges of falsifying financial reports in under-reporting compensation and breach of trust. Ghosn, who led the Nissan-Renault alliance, is currently awaiting trial and denies wrongdoing.

The company said Bolloré will be replaced on an interim basis by current Chief Financial Officer Clotilde Delbos.

Chairman Jean-Dominique Senard will become president during the interim period.

Renault owns 43% of Nissan but their alliance came under strain after Ghosn’s jailing. Renault considered a merger offer from Fiat Chrysler Automobiles that would have created the world’s third-largest automaker, but the talks fell apart due to concern over Nissan’s role.

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Crab cakes and a hurricane cocktail ahead of the Indianapolis Jazz Foundation’s Mardi Gras Party & Fundraiser

You can celebrate Fat Tuesday at a fun event right here in Downtown Indy featuring food, drinks and dancing New Orleans-Style!

The Indianapolis Jazz Foundation is is hosting their first ever Mardi Gras “Fat Tuesday” event and fundraiser on Feb. 25 at the Crane Bay Event Center from 6 p.m. to 9 p.m.

Today David Allee, owner, The Jazz Kitchen, Pavel Polanco-Safadit, board member of the Indianapolis Jazz Foundation, and Rob Dixon, musician, Indy Jazz Fest visited the Indy Style studio to show us how to make the Jazz Kitchen’s Award Winning Crab Cakes and a Hurricane cocktail in honor of Mardi Gras.

At tonight’s event, patrons can indulge in a variety of Cajun/Creole hors d’oeuvres, sip on craft hurricanes and bid on more than 75 silent and live auction items ranging from tickets to top Indiana sporting events, artwork, jewelry, hotel stays and much more. Proceeds benefit the Indianapolis Jazz Foundation and its ongoing mission to preserve the legacy and promote the future of jazz in Indianapolis.

Hosted by WFYI’s Jill Ditmire, the evening will include entertainment by LivingProof, Indy’s favorite party band, as well as special appearances by Indy’s own Josh Kaufman, winner of Season 6 of NBC’s The Voice; renowned saxophonist and local favorite Rob Dixon; recent Carmel High School graduate and jazz vocalist, arranger and composer Emma Hedrick; and jazz pianist and composer Steve Allee.

To purchase tickets for tonight’s event, visit www.indyjazzfoundation.org

Mardi Gras party benefits Indianapolis Jazz Foundation

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