Nissan appoints China exec as new CEO
The company is still trying to put the Carlos Ghosn debacle in the rearview mirror.
Nissan has appointed Makoto Uchida to serve as its chief executive, replacing Hiroto Saikawa.
Uchida currently serves as the president of Nissan's 50-50 joint venture with China's Dongfeng Motor Group. He joined Nissan in 2003 and has held various management and executive positions within the alliance.
"We expect Uchida to lead the company as one team, immediately focus on the recovery of the business and revitalize the company," said Nissan chairman Yasushi Kimura.
Saikawa recently resigned after admitting that he and other executives had been overpaid. The compensation issues were uncovered in the wake of the Carlos Ghosn scandal, which continues to generate headlines as the disgraced executive remains under house arrest in Tokyo.