Carlos Ghosn gives Nissan CEO role to Hiroto Saikawa image

We’re not expecting Ghosn – one of the most efficient and best paid automotive executives of the world – to start the long road towards retirement, even as he handed over the Nissan CEO role.

Ghosn will remain chairman of the board of directors at Nissan and will seek a renewal f the mandate in June during the general shareholders meeting. “I am confident that the management team I have developed at Nissan over the past 18 years has the talent and experience to meet the company’s operational and strategic goals,” he commented. His move is mostly due to the need to focus on Mitsubishi now, as he took on the leader mantle following the Renault-Nissan alliance acquisition. Ghosn will probably use his well known one-man show skills that saw back in the day Nissan come out from loss to profit in just a year.

Meanwhile, his successor – the former co-CEO – first joined Nissan back in 1977 and came to his first important role back in 2003, when he became the senior vice president of the Japanese company. “I would like to thank Mr. Ghosn and the Nissan board for entrusting me with this new responsibility,” he added. my focus will be delivering our company’s continued performance and development and on continuing Nissan’s contribution to the success of the Alliance,” added Mr. Saikawa.