TOKYO (Reuters) – Nissan Motor Co (T:) is not considering asking embattled Chief Executive Hiroto Saikawa to resign now, two people with knowledge of the matter told Reuters on Friday, a day after he admitted to being overpaid in violation of internal procedures.
An internal investigation found that Saikawa and other executives had received improper compensation, Reuters reported on Thursday, raising doubts about Saikawa’s pledge to improve governance in the wake of former Chairman Carlos Ghosn’s arrest last year for alleged financial misconduct.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
