Japan's Nissan reshuffles management to fix its money-losing business

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That was a reversal from the 190.7 billion yen profit recorded the same quarter a year ago. Sales for the quarter through September fell to 2.9 trillion yen from 3.1 trillion yen. As part of the moves, effective Jan. 1, Christian Meunier, the former chief executive of Jeep, returns to Nissan as chairman of the Americas Management Committee.

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Japan's Nissan reshuffles management to fix its money-losing businessEmbattled Japanese automaker Nissan has tapped Jeremy Papin as its chief operating officer in a major management reshuffle billed as key to a turnaround. The move, announced in the United States Thursday, means Papin, chairman of Nissan’s Americas Management Committee, replaces Stephen Ma, who will oversee Nissan Motor Corp.’s China operations.
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