TOKYO Nissan Motor Co(7201.T) said its number two executive, Chief Operating Officer Toshiyuki Shiga, will step aside from day-to-day operations and become vice chairman, handling external affairs and corporate governance under a management makeover.
Chief Executive Officer Carlos Ghosn will remain in his post.
The personnel reshuffle comes as the company grapples with quality issues and an ambitious drive to boost market share. (Reporting by Yoko Kubota; Editing by Shinichi Saoshiro)
Trending On Reuters
It remains to be seen whether Nifty will be able to break the 8,100 mark during October. With major events out of the way, the next trigger will be the Q2 FY16 earnings season which is expected to kick off next week. It is advisable for the investors to continue building their equity portfolio by utilising market volatility as an opportunity, writes Ambareesh Baliga. Full Article