Nissan CEO Hiroto Saikawa resigns; new chief to face challenge of reviving profit
Nissan Motor Co. CEO Hiroto Saikawa resigned from his post Monday after admitting to overpayment of remuneration and his successor, to be picked next month, will face immense pressure to revive profitability and repair ties with alliance partner Renault SA. Chief Operating Officer Yasuhiro Yamauchi, ...
Whoever takes over from Saikawa faces the tough challenge of normalizing Nissan's management as quickly as possible to allow the automaker to charter a path for its revival and start pouring its resources into crucial technologies such as autonomous driving.
How Nissan CEO Hiroto Saikawa went from defiant to fired in 24 hours
Hiroto Saikawa's tone bordered on defiant on Sept. 8 when discussing his future as chief executive officer of Nissan Motor Co. He accepted responsibility for the Carlos Ghosn scandals and said he'd resign after a successor was found, but he wasn't taking the fall ...
With Nissan Motor Co. CEO Hiroto Saikawa stepping down on Monday, the focal point will be on whether the automaker can swiftly escape from confusion over corporate governance under a new top management. Saikawa is slated to resign to take responsibility for revelations that he ...
Nissan ousts CEO Hiroto Saikawa over pay scandal as carmaker's turmoil deepens
Less than a year since the dramatic downfall of Carlos Ghosn, Nissan Motor Co. is losing another leader. Chief Executive Officer Hiroto Saikawa was asked by the board on Monday to step down within seven days. He will be replaced by Chief Operating Officer Yasuhiro ...
Hiroto Saikawa's departure only adds to Nissan's uncertainty
Nissan Motor Co. has announced that CEO Hiroto Saikawa will step down next Monday, which will likely add another layer of dark clouds over the viability of the Yokohama-based automaker already mired in low profits, waning trust in corporate governance and a shaky alliance ...
Nissan CEO Hiroto Saikawa to step down, report says
Nissan Motor Co. CEO Hiroto Saikawa, whose tenure has been rocked by a scandal leading to the downfall of one of the most charismatic leaders in Japanese business and raising serious questions over the company's corporate governance, has expressed his intention to step down, ...
Top Nissan investigator into CEO Hiroto Saikawa's excess pay set to quit carmaker
Nissan Motor Co.’s internal investigation into former Chairman Carlos Ghosn’s alleged financial misconduct has been completed and the results will be reported to its board meeting this coming week.
Nissan overpaid Carlos Ghosn whistleblower Hari Nada along with CEO Hiroto Saikawa
Nissan Motor Co. overpaid other executives in addition to its chief executive officer, according to people with knowledge of the matter, among them Senior Vice President Hari Nada, a key figure in the downfall of former Chairman Carlos Ghosn. CEO Hiroto Saikawa told reporters on ...
Nissan CEO Saikawa admits receiving too much pay under executive equity plan
Saikawa said he will return the excess amount to the automaker, while revealing that other executives have also received overpayments.
Ghosn lawyer asks why charges were dropped against Nissan CEO Hiroto Saikawa
Explanation requested over the decision not to indict the automaker’s chief for his involvement in the ex-chairman’s alleged financial misconduct.
Nissan board due to question CEO Hiroto Saikawa on 2013 house purchase
Nissan Motor Co. Chief Executive Officer Hiroto Saikawa is due to be questioned by the board on Monday about allegations by a former senior executive that he broke company rules to pay for a house in Tokyo, according to people familiar with the matter. Saikawa ...
