Senior executive Schillaci to depart amid reshuffle, says Nissan

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Nissan Motor on Tuesday stated the executive responsible for its Nissan, Datsun and Infiniti brands was departing, as it announced a management reshuffle to enhance governance after the ouster of former boss Carlos Ghosn.

Nissan stated Daniele Schillaci, an executive vice- president who had been accountable for the three brands and for all tasks in the Japan, Asia and Oceania regions, selected to leave the company to go for an opportunity closer to his native home in Europe.

Nissan also stated it had named executive Yasuhiro Yamauchi as chief operating officer to enhance day-to-day operations.

It appointed an executive committed to performance recovery efforts and added executives supervising significant markets such as Japan, North America and China to the its executive committee.

Such changes, it stated, were based on recommendations from an outside governance panel that it had last month. The external committee last month concluded a three-month audit of automaker’s governance and put blame squarely on what it called Carlos Ghosn’s concentration of power.

Ghosn, who has been frequently arrested on charges of financial misconduct, has rejected all the allegations against him and stated he is the victim of a boardroom coup by those who were against his drive for a closer alliance with top shareholder Renault.

A spokesperson for Ghosn has previously stated the committee’s findings were “part of an unsubstantiated smear campaign against Carlos Ghosn to prevent the integration of the alliance and conceal Nissan’s deteriorating performance”.

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