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Nissan Shareholders Oust Ghosn

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Reuters reports Nissan Motor shareholders ousted Carlos Ghosn as a director on Monday, severing his last tie with the Japanese automaker he rescued from near-bankruptcy two decades ago and from which he is now accused of siphoning funds. Meeting shareholders for the first time since Ghosn’s initial arrest in November, Nissan Chief Executive Hiroto Saikawa and Jean-Dominique Senard, the chairman of its alliance partner Renault, said they needed to focus on collaboration and improving governance at the Japanese company. But they offered few concrete details about the way forward.

Added on the 08/04/2019 08:15:12 - Copyright : Wochit

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