Japanese carmaker Nissan Motors Co. Ltd. (7201.T, NSANF.PK) Chief Financial Officer Stephen Ma is set to step down. It is uncertain whether Ma will be demoted or leave the company entirely, as the move has not been officially announced. This change comes 17 months after Ashwani Gupta left his role as chief operating officer, Bloomberg reported citing people familiar with the matter.
Last week, Nissan Motors revealed that around 6 percent or nearly 1000 people out of 17000 employees in the US have accepted early retirement packages. They would leave the company by the end of this year. According to reports, the company has been planning to axe around 9000 employees across the globe.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.