Head Topics

Furious shareholders blast Nissan bosses

  • 📰 rapplerdotcom
  • ⏱ Reading Time:
  • 47 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 86%

Philippines Headlines News

Philippines Latest News,Philippines Headlines

Shareholders confront Nissan CEO Makoto Uchida on issues such as the slumping stock price and the pay of company executives.

Uchida sought to placate the shareholders, pointing to a strategic review expected in May that he hopes will turn around the company's fortunes.

"Shareholders, please give us time. I appreciate your patience.... I want Nissan to be better. All the top management including myself are taking this situation seriously and working on it," he said.Renault"After the shareholders' meeting, you rode a [Toyota] Alphard to leave Japan or leave Yokohama. Alphard! Nissan executives were enraged. Of course. You were in a competitor's model.

"As soon as I had noticed...I said that could never happen again. I apologize for that. I'm awfully sorry," he said. Executive pay was also an issue on shareholders' minds, with one out-of-pocket member making the point:"If you are going to reduce the dividend by that amount, you have to revise executive compensation."

"There are 57 executives in top management. These 57 people in the top management scheme, your compensation should be less than 10 million yen ."

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in PH

Philippines Latest News, Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Nissan downgrades forecasts as 9-month net profit plunges'Let me express my sincere regrets to shareholders. The company results are weaker than expected,' says Nissan chief executive officer Makoto Uchida.
Source: rapplerdotcom - 🏆 4. / 86 Read more »

Nissan downgrades forecasts as 9-month net profit plunges'Let me express my sincere regrets to shareholders. The company results are weaker than expected,' says Nissan chief executive officer Makoto Uchida.
Source: rapplerdotcom - 🏆 4. / 86 Read more »

'3x3 belongs in PH,' says FIBA boss
Source: ANCALERTS - 🏆 26. / 50 Read more »

Police chief vows faster response to ‘reported crimes’ with their 11 new patrol carsCEBU CITY, Philippines — Policemen in Mandaue City promise a faster response time to reported crime incidents in the city. Police Colonel Jonathan Abella, Mandaue City Police Office (MCPO) chief, said this after they received from the Mandaue City government, 11 new patrol cars — Nissan Terra, which are brand new sport utility vehicles (SUVs). […]
Source: cebudailynews - 🏆 8. / 71 Read more »