Tag Archives: Tokyo Stock Exchange

Nissan Board Deletes Carlos Ghosn as Chairman and Director

Posted on 22 November 2018 by Kenneth Zino

The board of directors for Nissan Motor Co. met today at the company’s global headquarters in Yokohama, Japan. The board endorsed the long-standing and profitable Alliance partnership with Renault saying, “it remains unchanged” and that “the mission is to minimize the potential impact and confusion on the day-to-day cooperation among the Alliance partners.” Continue reading →

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Carlos Ghosn Given Temporary Reprieve by Renault Board

Posted on 20 November 2018 by Kenneth Zino

It was the latest twist on an ongoing saga that involves alleged tax evasion by Ghosn. It also raised, yet again, the embarrassing issue that foreign executives demand and receive far greater compensation than their Japanese equivalents. Continue reading →

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Nissan Chairman Carlos Ghosn Arrested and About to be Sacked by Board for Financial Misconduct. Renault-Nissan-Mitsubishi Alliance Position Threatened.

Posted on 19 November 2018 by Kenneth Zino

Ghosn as chief executive of the Renault-Nissan-Mitsubishi Alliance is now under fire. Ghosn retired from the highest job at Nissan last year, but remained heading the world’s largest automotive alliance, saying he planned on staying until 2020. Ghosn was paid ¥227 million in cash and stock options by Mitsubishi Motors in 2017. Continue reading →

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