Nissan Motor Co. announces management changes

Nissan Motor Co. announces management changes

Nissan Motor Co. announces management changes

The FINANCIAL -- Nissan Motor Co. President and CEO Carlos Ghosn on June 23 announced board and senior management changes that were approved this afternoon by the company’s Board of Directors.

Toshiyuki Shiga stepped down as a representative director. He will continue to serve on the board as a director and continues as a Nissan vice chairman, according to Nissan.

Hiroto Saikawa, representative director and chief competitive officer, has been appointed vice chairman in addition to his current responsibilities.

The Board also approved the promotion of Yasuhiro Yamauchi to the position of Nissan executive vice president. Yamauchi will continue to lead the Alliance RNPO global purchasing organization and retains his title as Alliance executive vice president.

The board moves are effective immediately; Yamauchi’s appointment is effective July 1, 2015.