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

The company said Bolloré will be replaced on an interim basis by Chief Financial Officer Clotilde Delbos. Chairman Jean-Dominique Senard will become president during the interim period.

At a news conference to explain the decision to oust Bolloré, Senard said it was meant to “breathe new life” into the alliance with…

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