translated from Spanish: Nissan CEO Resigns Amid Controversy

Japan.- Nissan CEO Hiroto Saikawa filed his resignation Monday after acknowledging that he received inappropriate payments and promised to cede the lead of Japanese automaker to a new generation.” It would have been better if I had been able to solve everything first,” Saikawa said at a press conference at the company’s headquarters in Yokohama.

The manager was referring to the company’s diminished automotive profits and doubts about Nissan’s relationship with french partner Renault, as well as the recently revealed financial scandals that have tarnished the brand. Saikawa’s predecessor, Carlos Ghosn, who led Nissan over two decades, will be prosecuted for forgery of deferred compensation documents and other charges. Ghosn is innocent.” I offer my apologies to investors, clients and of course our workers,” said Saikawa.Yasushi Kimura, a board member, announced earlier that the board accepted Saikawa’s resignation effective on September 16 and a successor will be appointed next month. The search for the new CEO is underway, he added.

The exhortations to Saikawa’s resignation, which arose after Ghosn’s arrest last year, increased when he acknowledged last week that he received suspicious payments. More news

Original source in Spanish