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Nissan Plans Shareholders’ Meeting to Vote In New Top Management

  • Extraordinary meeting will add new CEO, COO to board
  • Nissan management and directors facing significant challenges
Ashwani Gupta, incoming COO of Nissan Motors, attends a news conference in Tokyo on Oct. 9.
Ashwani Gupta, incoming COO of Nissan Motors, attends a news conference in Tokyo on Oct. 9.Photographer: Toru Hanai/Bloomberg

Nissan Motor Co. is considering holding an extraordinary shareholders’ meeting early next year following the recent adoption of a new management team, a person with knowledge of the matter said.

Incoming Chief Executive Officer Makoto Uchida, 53, will probably join the board, along with new Chief Operating Officer Ashwani Gupta, 49, the person said, asking not to be identified because the appointments aren’t yet public. The meeting is being held to formally appoint the executives to the board after their promotion, which will happen no later than Jan. 1.