Nissan’s Executive Pay May Have Topped ¥3 Billion Cap in Fiscal 2017 - Japan news, commentary, culture, sports -BoardProspects

Nissan’s Executive Pay May Have Topped ¥3 Billion Cap in Fiscal 2017

Japan news, commentary, culture, sports Nov 28 2018 BoardNews

Nissan Motor Co.’s executive remuneration for fiscal 2017 may have exceeded the nearly ¥3 billion cap set by shareholders, with a large sum going to arrested former chairman Carlos Ghosn, sources said Wednesday. While only ¥735 million ($6.5 million) was stated in the company’s securities reports as remuneration for Ghosn in the year that ended March, the sources said the payment to him may have actually been about ¥2.5 billion...
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