Hiroto Saikawa appointed as Nissan Chief Executive Officer

Japanese carmaker Nissan appointed Hiroto Saikawa as the Chief Executive Officer effective from April 1, 2017 on the recommendation of Carlos Ghosn. Carlos Ghosn will continue to serve as Chairman of the Board of Directors, and he will seek a renewal of his mandate at the company’s general shareholders meeting in June 2017. This planned management evolution follows Ghosn’s leadership of the recent expansion of the Renault-Nissan Alliance to include Mitsubishi Motors, which positions the Alliance among the top automotive groups in terms of scale. As Chairman of all three Alliance companies, and as Chief Executive Officer of the Renault Group, Ghosn wishes to focus more of his attention on the expansion and stewardship of the Alliance, as its Chairman and CEO. In this role, he will ensure that the opportunities available to Alliance members are fully harnessed.