The board of Nissan Motor Co will meet on Tuesday as a split has emerge...
) will meet on Tuesday as a split has emerged over the scandal-hit automaker’s next CEO, putting the head of the nominations committee at odds with an influential executive, people familiar with the matter said.
Nada helped oust former Chairman Carlos Ghosn but has since been hit by allegations of overpayment himself. Renault may back a proposal calling for his exit, a source close to the French automaker said. “The relationship is strained,” said one of the people, all of whom declined to be identified because of the sensitivity of the issue. Toyoda and another outside director, Motoo Nagai, were against Saikawa’s abrupt resignation last month, given that the board had not yet found a replacement, the person said.
The Wall Street Journal has reported that some Nissan lawyers said that Nada, who oversees Nissan’s legal department and had previously worked closely with Ghosn on sensitive matters, needed to do more to avoid potential conflicts of interest.FILE PHOTO: The Nissan logo is seen at Nissan car plant in Sunderland, Britain February 4, 2019. REUTERS/Phil Noble/File Photo
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