Carlos Ghosn Steps Down As Nissan CEO And President To Focus On Mitsubishi

Carlos Ghosn has made the decision to relinquish his position as chief executive and president of Nissan after 16 years at the helm.

Filling Ghosn’s job will be Hiroto Saikawa, Nissan’s current co-chief executive who will assume the position of CEO and president on April 1, 2017.

Ghosn will continue to serve as the chairman of the board of directors and will seek to renew his position at a general shareholders meeting in June. His position to leave his post at Nissan comes as a surprise, but is understandable.

After all, Ghosn is already the chief executive of the Renault Group, the chairman of the Nissan-Renault Alliance and the new chairman of Mitsubishi. Ghosn will have his hands full turning around struggling Mitsubishi Motors, which Nissan took a controlling stake last year.

In a statement, Ghosn said “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. Having recently taken on new responsibilities at Mitsubishi Motors, and taking into consideration the upcoming Nissan general shareholders meeting, I have decided that the time is right for Hiroto Saikawa to succeed me as Nissan’s CEO,” he said.

Saikawa first started working for Nissan in 1977 and has previously served as the brand’s chief competitive officer. He was also a member of the board of directors for Renault between 2006 and 2016.

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  • Mind Synthetic

    THANK GOD, the [email protected] had to go years ago and not allowed to in in the first place.

    • Akira

      What did he do wrong exactly? When He took over Nissan was dying almost like Mitsubishi and Renault wasn’t doing much better.

    • Yep I’m curious too. I do’t like the guy, but as a Boss for Renault Nissan, he did far from bad. In Japan some people see him as a living God. Find me one other person as Megalo as him, but has a good reason to be.

  • FlameWater

    A little relief as a Mitsubishi owner, the last thing I want to see is the company move out of Canada

  • Can’t wait to see what they do with the distribution in South Africa of Mitsubishi, Imperial currently does this and wondering what the impact will be.

  • Tumbi Mtika

    Godspeed Carlos.

    Allez maintenant.

  • fabri99

    I think he did a great job with Nissan and I hope he managed to get Mitsubishi back on top.

  • Mark S

    Probably not enough of a change to see some change at Nissan.

  • Honda NSX-R

    Best of luck to him. He was great with Nissan.

  • rocker12

    stay tuned for new silvia now low cost is goner

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