Carlos Ghosn, chairman and CEO of the Renault-Nissan Alliance, is a man of his word. In 2012, he said he planned to remain as Chairman and CEO of Nissan for five more years, and now he’s stepping down as CEO of Nissan.
Longtime Nissan executive Hiroto Saikawa, who was Nissan’s chief competitive officer until last year when he became co-CEO of Nissan and chairman of the Japanese Automobile Manufacturers Association, replaces Ghosn as Nissan CEO. Saikawa has been with Nissan since 1977.
“The change is significant. Carlos Ghosn has been an effective and strong leader for Nissan. In some ways, the degree of success future management has will reflect how successful Ghosn was in building the strongest management team,” said Stephanie Brinley, IHS Automotive senior analyst, in an email to TheDetroitBureau. (more…)