The power games at Nissan continue

Ashwani Gupta, Nissan’s COO, who was reported to be the next CEO of the Japanese company, will not be reappointed to its executive board when his term ends in June.

That’s what the company announced, with Gupta joining Nissan’s leadership team in October 2019 as Japan’s No.3 automaker tries to end a period of turmoil caused by the arrest and firing of Carlos Ghosn.

Gupta’s allies lobbied Nissan’s board in 2020 to promote him to the role of co-chief executive, hoping he would lead the company’s turnaround and improve its relationship with Renault, but that did not happen.

Makoto Uchida CEO of Nissan and Ashwani Gupta COO of the company

Nissan announced on Friday that Gupta will step down from the board on June 27. A company spokesman said it was unclear whether he would remain in his role as COO.

In addition to Gupta, two other people, Jenifer Rogers and Masakazu Toyoda will step down from Nissan’s board of directors. The company’s CEO, Makoto Uchida was proposed to remain as the head of the board.

In a broader shake-up of its board, Nissan appointed IBM veteran Brenda Harvey as an outside director and revealed it will bring the total number of board members back to 10 from 12, changes that are still subject to shareholder approval.

Source: by

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