PARIS—France’s finance minister said on Jan. 27 a severance package for former Renault chief Carlos Ghosn, forced to resign in a financial scandal, should not be “exorbitant” and that the French state would follow the matter closely.
Renault, which this week appointed a chairman and chief executive tandem to replace Ghosn, has yet to finalize its former boss’s severance package, a potentially explosive issue in France where the government is facing protests over low pay and inequality.