Nissan Motor to Pay Directors Four Times More Than Toyota

Nissan Motor Co., Japan’s third-largest automaker, plans to hand directors average pay about four times that of Toyota Motor Corp. and almost three times that of Honda Motor Co. for the fiscal year that ended in March.

Nissan proposes to pay 12 directors, including Chief Executive Officer Carlos Ghosn, an average of 141 million yen ($1.5 million), according to a June 5 statement from the Yokohama-based company. Toyota, the world’s largest carmaker, aims to pay an average of 37.5 million yen to each of its 38 directors, while Honda will pay 21 directors an average of 48.3 million yen, the two companies said separately.