After the surprise resignation of his number 3 Jun Seki, gone to Nidec, Nissan already has a plan B. To replace him on the board of directors, the name of Hideyuki Sakamoto is advanced. He was appointed director last June. He is responsible for manufacturing and the supply chain within the group.
The name of Sakamoto will be put to the vote of the shareholders at an extraordinary general meeting that Nissan will organize on February 18, the manufacturer said in a press release.
Diving action
The second Japanese automaker needs stability as it expects to post its worst annual profit in eleven years and faces difficulties in its two main markets, United States and China.
The group is also seeking to repair ties with its partner and main shareholder Renault, which deteriorated with the sidelining of Carlos Ghosn, arrested last year on suspicion of financial embezzlement.
The surprise departure of Jun Seki, who was part of a trio of newly appointed executives who had been tasked with overseeing an operational turnaround plan launched in April, plunged the action to an eight-year low on Wednesday.
With Reuters (Kevin Buckland, French version Jean-Stéphane Brosse)