Nissan Is Looking for Its Third CEO in Three Years
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Nissan Motor Co. is looking for its third chief executive officer 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. In addition to restoring confidence among the ranks, the new CEO will have to manage a complicated relationship with top shareholder Renault SA, its partner in a global carmaking alliance with Mitsubishi Motors Corp.