Nissan is looking for its third CEO in as many years. Following the resignation of Hiroto Saikawa after a scandal over pay, the Japanese automaker’s board needs to find a leader who can guide the company through decade-low profits and job cuts as car sales slow globally.
Nissan Motor Co. CEO Hiroto Saikawa will slash some 12,500 jobs worldwide as part of new plan to revive the company after reporting a 99 percent plunge in operating profit in the latest quarter on falling sales in every major market except China.
Automakers offers fresh news delivered to your E-mail inbox three times a week, and from January 2006 daily newsletters. All news and Web content is available in both Czech and English languages. The content of the newsletters is details about new products and pricing, info about retail sales tactics and developments and comprehensive coverage from the world of suppliers and manufacturers.