Carlos Ghosn, the embattled former chairman of Nissan Motor Co., denied reports that he passed on personal trading losses to the carmaker.
TOKYO: Former Nissan Motor Co chairman Carlos Ghosn earned about 2.4 billion yen (about US$21mil) in annual remuneration over the past two business years, including payments that were not declared in the company’s securities reports, it is learned.
The combined total of Ghosn’s compensation and that of other directors exceeded the collective limit for the automaker’s board members for two consecutive years, according to sources. The limits were approved at general shareholders meetings.
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