TOKYO—Nissan Motor Co. said it demoted a former Carlos Ghosn aide, Hari Nada, after board directors questioned Mr. Nada’s continued role at the company.
Mr. Nada was a senior vice president in charge of legal affairs. He becomes a senior adviser working on forthcoming legal action, which a Nissan spokeswoman said included the coming criminal trial of Mr. Ghosn and Nissan. The spokeswoman said the decision took effect Tuesday, but the company didn’t release the news until Wednesday.
The board appointed him as president.
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:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Nissan Names Makoto Uchida As CEO Charged With Leading Post-Ghosn TurnaroundWhile Uchida, 53, didn’t come to Nissan until 2003, he is seen as having a positive relationship with French automaker Renault, which owns 43% of Nissan in an alliance that Ghosn led for about two decades. Nissan owns about 15% of Renault, but has no voting rights.
Source: Forbes - 🏆 394. / 53 Read more »
Nissan Board Girds for Clash With ManagementSome Nissan Motor directors will demand to see a list of around 80 Nissan employees who may have assisted former Chairman Carlos Ghosn in alleged wrongdoing, setting up a potential clash with management. Actually DO SOMETHING to save the planet and save $2000 a year on gas with this e-bike!
Source: WSJ - 🏆 98. / 63 Read more »
Nissan board set for tense meeting as alleged split over future leadership emergesThe board of Nissan Motor Co will meet on Tuesday as a split has emerge... About time nissan went back to making reliable cars Please GROW-UP till the level of CHILDREN. We've very less time to become a good human being. Please try to do it fast. Hey Hunter Biden is available......
Source: Reuters - 🏆 2. / 97 Read more »
Nissan Names China Executive Makoto Uchida as New CEONissan Motor’s board tapped the head of its China business as the next chief executive, and picked a deputy for the new CEO with close ties to Renault. The Nissan party was over years ago. Why does he have a Zimbabwean name? Wishing him all the very best as he leads Nissan
Source: WSJ - 🏆 98. / 63 Read more »
New Nissan CEO will make Renault’s life easierMakoto Uchida’s first job is to cut costs and get the $24 bln carmaker growing again. Resolving tensions with partner and 43% shareholder Renault is next on the to-do list. A history of working on alliance projects suggests he’ll favour closer cooperation than rivals for the job.
Source: Breakingviews - 🏆 470. / 51 Read more »