logo
Plus   Neg
Share
Email

Nissan Motor Demotes Former Ghosn Aide Hari Nada

Nissan Motor Co. demoted a former Carlos Ghosn aide, Hari Nada, after board of directors had sought removal of the senior vice president overseeing legal matters.

The company said that it has appointed Hari Nada, who is currently senior vice president, as senior advisor overseeing special projects. He will continue to report to Yasuhiro Yamauchi, representative executive officer, acting president and chief executive officer.

Nissan said even though it has found no evidence of inappropriate involvement by Nada in the internal investigation into executive misconduct led by former Chairman Carlos Ghosn and others, the change is aimed to avoid undue suspicion and to enable him to focus on important tasks for the company, such as forthcoming legal action.

The company also said Hitoshi Kawaguchi, currently executive officer, executive vice president and Chief Sustainability Officer overseeing Global External and Government Affairs, Global Communications, Corporate Services, Environment/CSR, IP Promotion, and the Corporate Management Office, will also oversee the Corporate Advisory Office, the Legal Department, Intellectual Property and the Chief Security Office.
Kawaguchi will continue to report to Yasuhiro Yamauchi.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Uber Technologies Inc. (UBER) said Monday that it laid off about 350 employees across several different teams, as part of its final phase of layoffs of the process it began earlier this year. Porsche unveiled a cheaper version of its Taycan all-electric sports car, Taycan 4S. This is the third version of the sports saloon after Taycan Turbo S and Taycan Turbo launched in September. According to Porsche, Taycan 4S is now the new entry-level model in the Taycan series. The new model is available is two versions based on battery sizes. Howard University and Amazon Studios have jointly launched Howard Entertainment. The program is meant to give African-American students and other marginalized populations such as Latinx and Native American students an opportunity to train and study alongside executives in the entertainment industry. The program will begin in January 2020.
Follow RTT
>