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Automobiles and Parts, Corporate Governance / 09.10.2019

Nissan appoints China boss as chief executive

As of October 8, Makoto Uchida, head of China operations, has been appointed as CEO. He will be supported by Ashwani Gupta, an India-born former Renault executive who will become COO. The management team will also include Jun Seki, currently in charge of Nissan’s turnround, as vice-COO....

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Automobiles and Parts, Corporate Governance / 09.10.2019

Nissan’s Crisis, conflicts of interests and intrigues

Hari Nada, a powerful Nissan insider who was behind the ouster last year of Nissan’s chairman, Carlos Ghosn, over compensation issues, had been improperly overpaid himself, according to a law firm investigating problems at Nissan. As of October 9, Nissan Motor Co. said it has limited...

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Automobiles and Parts, Corporate Governance / 23.09.2019

Carlos Ghosn pays SEC $1 million to settle illicit compensation chargers

Carlos Ghosn, former Nissan boss, has agreed on 23 September, 2019 to pay a fee of $1 million to the US Securities and Exchange Commission to settle the civil allegation of concealing compensation received from Nissan. Mr. Ghosn was arrested in Japan in November 2018 facing...

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