Carlos Ghosn has been beside Nissan Motor Company Ltd. for 15 years. He was the reason why the automobile manufacturer had a miraculous comeback from troubled times in 2001 that were on the verge of ending in bankruptcy. Before Nissan, the businessman was already known as a successful shark in his industry as he managed to return Renault back on track after radical restructuring. However, Carlos Ghosn is going to step down from his position as the CEO of Nissan. His place will be taken by an internal executive.
In April, Carlos Ghosn aged 62 is stepping down from its CEO position at Nissan to allow a veteran internal executive, Hiroto Saikawa, to take up the reins. On the other hand, Ghosn will not leave the automobile manufacturer completely. He will remain an illustrious chairman of the company that will take up another mission with great responsibilities.
His business expertise will always be remembered as the one that saved Nissan from bankruptcy back in 2001 and growing the organization into a global economic force. He is also appraised for the way he mitigated the alliance with Renault. A Japanese auto analyst, Takaki Nakanishi, responded to the question of what the future would look like without Carlos Ghosn to helm this alliance. His opinion is that Renault and Nissan are going to merge as a result of the pressure coming from the French government.
This announcement comes to no surprise. Carlos Ghosn has long ago announced that he desires to retire from the daily operations at Nissan. However, he stayed longer than expected as he was searching for the right successor. The businessman stated that he would continue to supervise the direction of the company on his own and within the Renault-Nissan-Mitsubishi alliance.
The veteran internal executive, Hiroto Saikawa, has an illustrious career that recommends him for the job. He has been beside Nissan for a long time now. When Ghosn arrived at the company back in 2001, Saikawa was sent to Europe together with a group of managers. Afterward, he climbed the career ladder as the new head of the European operations and replaced Ghosn in 2007 as head of U.S. operations.
Carlos Ghosn admitted that he appointed Saikawa as the co-CEO a year ago so as this internal executive to enjoy a closer look at how Nissan really works. The former CEO is confident that while he restores Mitsubishi to success, Saikawa will develop and protect Ghosn’s legacy.
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