Nissan Ousts CEO Saikawa as Car Maker Seeks to Revive Business

  • 📰 WSJ
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

Nissan’s board sought to remove him quickly after an investigation found he received improper stock-based performance compensation of about $439,000

YOKOHAMA, Japan—Nissan Motor Co. Chief Executive Hiroto Saikawa is resigning, ending a term marked by controversy over the arrest of former Chairman Carlos Ghosn, turmoil with partner Renault SA and a sharp falloff in profits.

Nissan’s board sought to remove Mr. Saikawa quickly after a company investigation found that in 2013, Mr. Saikawa, then an executive vice president, received improper stock-based performance compensation of about $439,000. The company said Mr. Saikawa asked colleagues to explore ways to increase his...

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

Darn he was a fool

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 98. in FR

France Dernières Nouvelles, France Actualités