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To prevent a sole executive from wielding excessive power, Nissan Motor Co. should abolish its chairman position and strengthen an independent monitoring governance system, a panel of experts commissioned by the carmaker said Wednesday. Governance issues surfaced at the firm following the arrest of former ...
Shoko Sasaki, 57, director-general of the Justice Ministry's Immigration Bureau, will become the first commissioner of the Immigration Services Agency when it launches Monday, the government said Wednesday. The agency, to be established as an affiliate of the Justice Ministry, will be upgraded from the ...
Nissan Motor Co. Chief Executive Officer Hiroto Saikawa signed off on Carlos Ghosn's retirement package, an outside corporate-governance panel said, which could intensify scrutiny of his role in alleged financial improprieties by the former chairman of Nissan and Renault SA. Tokyo prosecutors have accused Nissan, ...