Ghosn to step down as Nissan president, chief exec

Ghosn to step down as Nissan president, chief exec

Carlos Ghosn will step down from his capacity as Nissan president and chief executive officer on April 1, according to Automotive News. Ghosn will remain as chairman of Nissan while also retaining his roles as chairman and CEO of Renault as well as the Renault-Nissan Alliance and Mitsubishi, in order to better focus on his leadership role for the Group.

Nissan’s current co-CEO, Hiroto Saikawa, will become the sole chief executive officer when Ghosn completes his term; his new responsibilities at Mitsubishi warranted the full handover to Saikawa, Ghosn said.

“As Nissan’s Chairman, I will continue to supervise and guide the company, both independently and within the Renault-Nissan-Mitsubishi Alliance,” Ghosn said. “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,” he added.

Saikawa’s appointment falls in line with Ghosn’s stated intent for a Japanese leader of the brand. “I would like when the time for a successor would come for a Japanese to head Nissan. It’s symbolic, and we have plenty of Japanese talent. I want Nissan to continue to be seen as a Japanese company,” Ghosn told Automotive News in an interview three years ago. At age 63, Saikawa is a year older than Ghosn.

Saikawa joined Nissan in 1977, while his roles as chairman of the management committees of the Americas and Europe and as executive vice president of purchasing followed. Later, Saikawa served as Nissan chief competitive officer from 2013 to 2016, whilst also serving as a Renault board member from 2006 until 2016.

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Mick Chan

Open roads and closed circuits hold great allure for Mick Chan. Driving heaven to him is exercising a playful chassis on twisty paths; prizes ergonomics and involvement over gadgetry. Spent three years at a motoring newspaper and short stint with a magazine prior to joining this website.

 

Comments

  • Ghosn on Feb 23, 2017 at 1:45 pm

    Geely new CEO

    Like or Dislike: Thumb up 1 Thumb down 2
  • Albert on Feb 23, 2017 at 2:18 pm

    PROTON…pls employ Mr.Carlos….sure can turn around p1.But thousands of deadwood will have to say SAYORNARA.
    “yOU R FIRED.”….the famous Donald trump nightmare quote.

    Like or Dislike: Thumb up 12 Thumb down 2
  • anonymous on Feb 23, 2017 at 3:06 pm

    GTR was brought back by Ghosn. No more new GTR?

    Like or Dislike: Thumb up 7 Thumb down 1
  • Gaviny on Feb 23, 2017 at 4:38 pm

    Every time I read articles like these , I just imagine the million and millions in compensation packages they must be enjoying

    Like or Dislike: Thumb up 4 Thumb down 0
    • Andrekua on Feb 23, 2017 at 9:05 pm

      If they can achieve what Ghosn did, you don’t even mind giving them a part of the company. He literally turned Nissan upside down, from almost dead to now very profitable. It’s like transforming Proton into Perodua.

      Like or Dislike: Thumb up 5 Thumb down 0
      • Why compare with P2? They are only monkey wrench jobbers unlike P1

        Like or Dislike: Thumb up 1 Thumb down 0
 

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