On the way out: Saikawa at a news conference at Nissan’s headquarters in Yokohama on Monday. He will be replaced by COO Yasuhiro Yamauchi until a permanent replacement is named. — Bloomberg
TOKYO: Hiroto Saikawa’s tone bordered on defiant Sunday 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 for a burgeoning controversy over his pay.
That strategy blew up 24 hours later when the embattled carmaker’s board pushed him out – citing his excess compensation. Saikawa’s last day will be Sept 16, and the board is looking at a pool of about 10 candidates for the job, probably one of the most challenging in global auto-making.
Limited time offer:
Just RM5 per month.
