Nissan Reveals Executive Committee Changes To Accelerate NEXT Progress


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Nissan Motor Co Ltd (OTC:NSANY) (OTC:NSANF) has made executive committee changes that will take effect from July 1, 2023.

"The new executive committee will work as a cohesive team to accelerate Nissan NEXT progress in the final year of delivery and formulate the next mid-term plan to realize Nissan’s growth plans,” said Makoto Uchida, president and chief executive officer (CEO).

The company announced on June 15, 2023, that Representative Executive Officer and Chief Operating Officer Ashwani Gupta has elected to leave the company to pursue other opportunities effective June 27.

RelatedShareholders Back Nissan Leadership Despite Surveillance Controversy and Renault Deal Strains

The company said Stephen Ma, chief financial officer (CFO) overseeing Finance, Control, M&A, Tax & Customs, Global IS/IT, Investor Relations, will add Operations Performance as a new area of responsibility.

Also, the chairpersons of the regional management committees (MC), Guillaume Cartier, senior vice president (SVP), MC AMIEO (Africa, Middle East, India, Europe and Oceania); Jérémie Papin, SVP, MC Americas; and Shohei Yamazaki, SVP, MC China will become members of the executive committee and will report directly to Makoto Uchida, CEO.

Hideyuki Sakamoto, executive vice president in charge of manufacturing and supply chain management, will be responsible for purchasing.

Gupta had clashed with CEO Uchida over the latter’s interest to close the negotiations with Renault SA (OTC:RNLSY) quickly, reported Reuters.


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


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