YOKOHAMA - Nissan Motor Co CEO Hiroto Saikawa will resign on Sept 16, the automaker said on Monday , bowing to pressure after he admitted to being improperly overpaid and marking further upheaval at a company battered by scandal and plunging profit.
But Mr Saikawa's brief tenure has been characterised by strains with top shareholder Renault and tumbling profits. The search for a permanent replacement is underway and the company said it aimed to have a new CEO in place by the end of October.
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