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Nissan has appointed chief planning officer Ivan Espinosa as the new CEO, effective April 1, succeeding Makoto Uchida amid declining earnings and failed merger talks with Honda. Espinosa, who has been with the company since 2003 and has extensive experience in product planning, will lead the automaker's shift towards electric vehicles. A press conference is scheduled for 0930 GMT to discuss the transition.
Nissan has appointed chief planning officer Ivan Espinosa as the new CEO, effective April 1, succeeding Makoto Uchida, who is stepping down amid declining earnings and failed merger talks with Honda. Espinosa, who joined Nissan in 2003, has extensive experience in product planning and global strategy, and has been pivotal in the company's shift towards electric vehicles. A press conference is scheduled for 0930 GMT to discuss the transition.
Nissan's board will meet on March 11 to discuss potential successors for CEO Makoto Uchida, whose position is under scrutiny due to the company's declining performance. Candidates include CFO Jeremie Papin, Chief Planning Officer Ivan Espinosa, and Chief Performance Officer Guillaume Cartier, though their ties to current management issues raise doubts about their suitability. The automaker is also exploring partnerships, including a possible tie-up with Foxconn, as it grapples with significant structural challenges and a recent downgrade to junk status by Fitch Ratings.
Jeremie Papin
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nissan appoints ivan espinosa as new ceo succeeding makoto uchida
04:19 11.03.2025
nissan appoints ivan espinosa as new ceo succeeding makoto uchida
04:19 11.03.2025
nissan board to discuss ceo succession amid declining performance and turmoil
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Hiroto Saikawa
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10:23 07.03.2025
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