One of the auto industry’s most widely respected CEOs is sending signals that he might like to retire. But those who wonder how Nissan and its alliance partner Renault would replace 58-year-old Carlos Ghosn there may be no need to worry immediately.
The Brazilian-born executive, who serves as chief executive for both Nissan and Renault, may be ready to step down, but only sometime during the upcoming 5-year business cycle, company officials caution.
“Ghosn has said this is the last midterm plan he’ll commit to, meaning he may not stay here for the next midterm period,” Nissan spokesman Koji Okuda told the Bloomberg news service, adding that, “We need to prepare for his possible departure within a five-year period.
It is quite possible, several industry sources suggest, that Ghosn would not bow out entirely from the Euro-Asian alliance, which was created when Renault made a critical $6 billion investment in Nissan in 1999.