Nissan Picks New CEO to Lead Recovery From Ghosn Scandal

(Bloomberg) — Nissan Motor Co. named the head of its China joint venture as chief executive officer, as the Japanese carmaker looks to heal divisions caused by its former chairman’s arrest and repair fraught relations with partner Renault SA.Makoto Uchida, 53, will work alongside Ashwani Gupta from affiliate Mitsubishi Motors Corp., who was named chief operating officer while Jun Seki, the former chief of Nissan in China, will become deputy COO., the board said Tuesday.Nissan’s third boss in as many years will need to address deteriorating profits and strained relations with Renault as well as executing a massive restructuring.Nissan’s relationship …read more

Source:: Yahoo Finance

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