According to Business Insider, French automaker Renault announced that Carlos Ghosn will remain CEO for the time being. The announcement comes after Ghosn was indicted and arrested in Japan on accusations of spending company money for personal use and underreporting his income from Nissan, a partner company where he also served as chairman and CEO. The 64-year-old executive is the architect of a triple-alliance between Nissan, Renault and Mitsubishi.