Home Current News Crisis-hit Nissan’s CEO to resign over pay issue: reports

Crisis-hit Nissan’s CEO to resign over pay issue: reports

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Crisis-hit Nissan's CEO to resign over pay issue: reportsThe CEO of crisis-hit Japanese auto giant Nissan plans to resign, local media reported Monday, days after admitting he received more pay than his entitlement. The reports said it was not immediately clear when Hiroto Saikawa would step down, as the firm struggles with the aftermath of the arrest of its former chief Carlos Ghosn on charges of financial misconduct. Nissan said it had no immediate comment on the reports, which first emerged overnight in the Nikkei business daily.

Source: yahoo.com/news