Nissan Delays Picking Ghosn Successor as Tensions Brew

  • As scandal enters fifth week, carmaker still without chairman
  • Renault considering replacements for Ghosn; not ready to act
Bloomberg’s Ania Nussbaum reports on Nissan’s efforts to replace Carlos Ghosn.Source: Bloomberg)
Lock
This article is for subscribers only.

Nissan Motor Co.’s directors put the brakes on naming a successor for Carlos Ghosn as the pay scandal that landed the high-flying executive in a Tokyo jail widens to include the automaker itself.

The board met Monday to decide on a successor for Ghosn, who was ousted as chairman the same week he was arrested on allegations of understating his pay and misusing Nissan’s assets. Instead, directors appointed a committee to look into governance at the automaker, which was indicted along with Ghosn by Japanese prosecutors last week.