We are always so proud of those Lebanese who made it into the world of success and fame. One of those shining stars is Mr. Carlos Ghosn, Chairman and CEO of Renault “based in Paris” and holds the same positions at Nissan “based in Tokyo” also the Chairman and CEO of Renault-Nissan Alliance. Carlos Ghosn today is one of the most influential businessmen in the motor industry.
After the turnaround of Nissan from near bankruptcy, which Carlos orchestrated in 1999, he earned the nickname “Mr. Fix It”, he achieved celebrity status, and ranks as one of the 50 most famous men in global business and politics.
In 2013, he was appointed Chairman of the Board of Directors of OAO AvtoVAZ. He also serves on the board of directors for Brazilian bank Banco Itaú, he is also a member of the International Advisory Council of Tsinghua University of Beijing, and the American University of Beirut, he is also a member of the Strategic Council of Saint Joseph University of Beirut.
In 1972 he started working in Michelin Tires, and in 1985, when he was 30 years old, he was appointed chief operating officer of Michelin’s “$300 million” South American operations, his mission was to revive the entire operation after it was struggling under the Brazilian hyperinflation at the time, turning around the situation and returning the company to profit in a little less than 2 years.
In 1990, he was named chairman and chief executive officer of Michelin North America, where he presided over the restructuring of the company after its acquisition of the Uniroyal Goodrich Tire Company. He held those positions until 1996, when Renault hired him as executive vice president responsible for advanced research, car engineering and development, car manufacturing, powertrain operations, purchasing and supervision of Renault activities in South America.
In 1999, Renault purchased a 36.8% share in Nissan. While maintaining his roles at Renault, he also joined Nissan as its chief operating officer in June 1999, became its president in June 2000 and was named chief executive officer in June 2001.
When he joined, Nissan had a $20 billion debt, and only three of its 48 models were generating profits. In one year Nissan’s net profit climbed to $2.7 billion from a loss of $6.1 billion in the previous year. Within three years it was one of the industry’s most profitable carmakers, with operating margins consistently above 9% “more than twice the industry average”
Recently he has become one of the most visible leaders in recovery efforts after the Japanese earthquake and tsunami on March 11, 2011, one of the worst natural disasters in modern history.
Carlos Ghosn was born in Brazil on the 9th of March, 1954, when he was 6 years old, he moved back to Lebanon with his family where he finished his secondary school at the Jesuit school Collège Notre-Dame de Jamhour. Then he moved to Paris where he completed his studies there and graduated as an engineer. He always maintained substantial ties to Lebanon, where he lived for 10 years. He is also a passive investor in Ixsir, an environmentally friendly vineyard and wine exporter in the northern coastal town of Batroun, Lebanon.