1. Nissan Motor Co.

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    2. Nissan CEO to Return Part of His Pay Following Audit

      Nissan CEO to Return Part of His Pay Following Audit
      Nissan Motor Co. Chief Executive Hiroto Saikawa on Thursday said he will return a portion of his performance-based pay, after Nissan auditors found that the amount was too high. The pay was in the form of stock appreciation rights, a cash payment linked to the increase in the price of the companys shares over a period of time. Mr. Saikawa received a higher payment than he was entitled to, because ...
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    3. Carlos Ghosn Casts a Dark Shadow Over Corporate Japan

      Carlos Ghosn Casts a Dark Shadow Over Corporate Japan
      (Bloomberg Opinion) -- Activist investors are circling Japan Inc., creating momentum for change in the countrys boardrooms. While youd hope that the Carlos Ghosn saga would help in that effort, it may in fact slow things down. The latest episode in Ghosns downfall came on Monday, as shareholders in Nissan Motor Co. voted to remove him as a director...
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    4. The Challenge of Governance Reform at Nissan

      The Challenge of Governance Reform at Nissan
      A panel tasked by Nissan Motor Co. to strengthen the major automakers governance in the wake of the scandal centering on ex-Chairman Carlos Ghosn has called for separation of the execution and supervision of its business, blaming the alleged wrongdoing on the concentration of too much power in the hands of the former charismatic leader...
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    5. Nissan May Abolish Chairman Role as It Rebuilds, Director Says

      Nissan May Abolish Chairman Role as It Rebuilds, Director Says
      (Bloomberg) -- Two months after the arrest of its chairman stunned Nissan Motor Co. and the entire global automotive industry, the carmaker is weighing abolishing the role altogether as it steps up reforms to rebuild its governance. Carlos Ghosns downfall, with the auto titan accused of financial crimes that could put him behind bars for decades, saw Nissan swiftly dismiss him as chairman, leaving the carmaker he once saved from the ...
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