Former Nissan executive Greg Kelly, an American, waits in Tokyo for a verdict in his case over Carlos Ghosn’s compensation. Nearly three years after his arrest, Kelly wonders why the case wasn't settled in a corporate boardroom.
Former Nissan Motor Co. executive Greg Kelly, speaks during an interview with The Associated Press Wednesday, Aug. 18, 2021, in Tokyo. Nearly three years later, Kelly is still wondering why the questions that led to his arrest and trial in Japan weren’t simply taken up in the automaker's corporate boardroom.
“We were involved in trying to solve a business problem, which was: What actions do you take that are lawful to retain a very valuable executive who was underpaid?” Kelly added, referring to Ghosn.“It should have been resolved at the corporate level at Nissan. It’s not a criminal matter,” said Kelly, who faces up to 15 years in prison if convicted and is forbidden from leaving Japan as he awaits his fate. A verdict is not expected until March.
Kelly says he is lucky to have Dee, his college sweetheart from their days at Augustana College in Rock Island, Illinois. “You work all your life so you can have time during retirement to spend with your kids, and we really wanted to play a big part in our grandkids’ lives, and that was taken,” she said of the events that have unfolded since. “What was done to him is beyond terrible.”
, contending he was the victim of a corporate coup linked to a decline in Nissan’s financial performance as the Japanese automaker resisted losing autonomy to French partner Renault.
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