Tags: AS | Japan | Nissan

Nissan Names Head of China Business to be New CEO

Tuesday, 08 October 2019 08:38 AM

TOKYO (AP) — Japanese automaker Nissan Motor Co. has named the head of its China business, Makoto Uchida, to be its new CEO.

Nissan officials said Uchida, a senior vice president, was chosen for his varied and cosmopolitan experience.

Uchida replaces Hiroto Saikawa, who resigned last month after acknowledging he had received questionable income payments.

Saikawa had succeeded former Nissan Chairman Carlos Ghosn. Ghosn is awaiting trial in Japan on charges of falsifying documents on deferred compensation and of breach of trust in allegedly diverting Nissan money for personal gain. He denies wrongdoing.

Saikawa had been closely allied with Ghosn, who led Nissan for two decades and made it one of the most successful automakers in the world before his arrest in November 2018.

© Copyright 2019 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

   
1Like our page
2Share
GlobalTalk
Japanese automaker Nissan Motor Co. has named the head of its China business, Makoto Uchida, to be its new CEO.Nissan officials said Uchida, a senior vice president, was chosen for his varied and cosmopolitan experience.Uchida replaces Hiroto Saikawa, who resigned last...
AS,Japan,Nissan
123
2019-38-08
Tuesday, 08 October 2019 08:38 AM
Newsmax Media, Inc.
 
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved