Nissan's new CEO says willing to be fired if no turnaround [Reuters (UK)]
NISSAN MOTOR LTD S/ADR (NSANY)
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Source: Reuters
Nissan's new CEO says willing to be fired if no turnaround - Reuters 4 Min Read YOKOHAMA (Reuters) - Nissan’s ( 7201.T ) new chief executive said on Tuesday he would accept being fired if he fails to turn around Japan’s second biggest automaker which is grappling with plunging sales in the aftermath of the scandal surrounding ex-chairman Carlos Ghosn. Makoto Uchida, who took over the top job in December, put his job on the line at the automaker’s shareholders’ meeting, where he faced demands ranging from cutting executive pay to offering a bounty to bring Ghosn back to Japan after he fled to Lebanon. Nissan’s worsening performance has heaped pressure on Uchida, formerly Nissan’s China chief who became its third CEO since September, to come up with aggressive steps to revive the company. On Tuesday, Uchida, who was repeatedly heckled by shareholders, said he was ready to face dismissal if he failed to improve profitability at the company, which is on course to post its worst annual o
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