From April 1 Nissan to have new CEO, Carlos Ghosn to resign from the post

Feb 24 2017 12:43 PM
From April 1 Nissan to have new CEO, Carlos Ghosn to resign from the post

Current CEO of Nissan Carlos Ghosn to resign from the post. However, a new CEO to designated on the post of Ghosn till the first week of the April. As per the reports, Ghosn will continue as a Board of director of the Nissan Motor company as well as the head of Renault-Nissan.

However, Carlos Ghosn will remain the chairman of the Mitsubishi, which holds 34% stake of Renault-Nissan alliance. 

Speaking about the resignation, Carlos said, "I am confident that the management team I have developed at Nissan over the past 18 years has the talent and experience to meet the company's operational and strategic goals. Having recently taken on new responsibilities at Mitsubishi Motors, and taking into consideration the upcoming Nissan general shareholders meeting, I have decided that the time is right for Hiroto Saikawa to succeed me as Nissan's CEO. As Nissan's Chairman, I will continue to supervise and guide the company, both independently and within the Renault-Nissan-Mitsubishi Alliance. This planned change will also allow me to devote more time and energy to managing the strategic and operational evolution and expansion of the Alliance and ensuring that all its members benefit from the competitive advantages that its scale will deliver. I am committed to supporting the Alliance as it evolves and expands, and will continue to serve each member of the Alliance wherever and whenever necessary"

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