Carlos Ghosn to step down as CEO of Nissan on April 1
Carlos Ghosn, the current CEO of Nissan, has announced that he will step down from his position on April 1, 2017. He will be succeeded by Hiroto Saikawa, Nissan's co-CEO. However, Ghosn will still remain as chairman of the board and continue to head the Renault-Nissan Alliance. This move comes 18 years after the Renault-Nissan alliance was formed when Ghosn took over as COO of Nissan. Within two years, he took over as CEO.
When Nissan Motor acquired a 34 per cent stake in Mitsubishi Motors last October, Ghosn had taken over as chairman of the company a position he will continue to hold. Ghosn stated that the time was right for this move, taking into consideration his "new responsibilities at Mitsubishi Motors" and the "upcoming Nissan general shareholders meeting." A release from Nissan stated that Ghosn wanted to focus more on the Renault-Nissan-Mitsubishi Alliance.
Hiroto Saikawa will succeed Ghosn as CEO
His successor, Hiroto Saikawa, has been with Nissan since 1977 and has served in several senior management positions like chairman of the management committees of the Americas and Europe and as the executive vice president of Purchasing. He was also a member of the board of directors of Renault between 2006 and 2016. Saikawa is also the current chairman of the Japan Automobile Manufacturers Association (JAMA).
- NewsSavita Oil Technologies to supply Tata Motors with original oils
- NewsMahindra Treo electric three-wheeler range with lithium-ion battery pack launched in India at Rs 1.36 lakh
- NewsImage gallery: Jawa and Jawa Forty Two launched in India
- NewsJawa Motorcycles launches the Jawa and Jawa Forty Two at Rs 1.64 lakh and Rs 1.55 lakh
- NewsLive updates: Jawa Motorcycles all-new range launched in India
- NewsNew-gen Maruti Suzuki Ertiga starts arriving at dealerships ahead of launch
- NewsMahindra to launch new Treo electric three-wheeler today
- Review2018 Royal Enfield Interceptor 650 road test review
- NewsLive updates: Royal Enfield Interceptor 650 and Continental GT 650 India launch
- NewsRoyal Enfield Interceptor 650 launched in India at Rs 2.50 lakh, Continental GT 650 at Rs 2.65 lakh