Nissan’s external board to meet Tuesday, talk about Ghosn replacement

David BondCars7 years ago9 Views

Nissan’s three independent board members are going to meet on Tuesday to talk about a replacement for arrested former Chairman Carlos Ghosn, a source knowledgeable with the matter stated.

The company earlier stated that the three members would nominate a candidate to take place of Ghosn, who was arrested in November for alleged financial misconduct.

The source, who refused to be identified as the matter was confidential, stated a nominee would be chosen from within the present board as early as Tuesday, and submitted to the rest of the board at their upcoming meeting on December 17.

Nissan officials were not immediately available for discussing the matter.

The three independent board members consist of former bureaucrat Masakazu Toyoda, racing car driver Keiko Ihara and retired Renault executive Jean-Baptiste Duzan.

Ghosn’s arrest has left the Renault-Nissan-Mitsubishi auto alliance without its leader and major interlocutor with the French government, which holds 15 percent of Renault and aims to maintain the ownership structure incorporating its control of the partnership.

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