Ousted from top post in Nissan and Mitsubishi.
The decision to discharge Ghosn of his post as Chairman of Nissan was taken by the board of directors of Nissan Motor Co., Ltd. which met on November 22, 2018 at the company’s global headquarters in Yokohama.
At the beginning of the session, the board acknowledged the significance of the matter and confirmed that the long-standing Alliance partnership with Renault remains unchanged and that the mission is to minimise the potential impact and confusion on the day-to-day cooperation among the Alliance partners. The Alliance consists of Renault, Nissan and Mitsubishi. All three companies have cross-holdings in each other.
According to a press release, after reviewing a detailed report of the internal investigation, the board voted unanimously:
1. To discharge Carlos Ghosn as Chairman of the Board
2. To discharge Carlos Ghosn as Representative Director
This story is from the December 2018 edition of Motown India.
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This story is from the December 2018 edition of Motown India.
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