Nissan Reveals Executive Committee Changes To Accelerate NEXT Progress
Portfolio Pulse from Shivani Kumaresan
Nissan Motor Co Ltd has announced executive committee changes effective from July 1, 2023, to accelerate its Nissan NEXT progress. The changes include the departure of Chief Operating Officer Ashwani Gupta and the addition of Operations Performance to CFO Stephen Ma's responsibilities. The chairpersons of the regional management committees will become members of the executive committee and report directly to CEO Makoto Uchida. Gupta had reportedly clashed with Uchida over negotiations with Renault SA.
June 28, 2023 | 1:37 pm
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NEUTRAL IMPACT
Nissan's executive committee changes, including the departure of the COO, could lead to operational shifts that may impact the company's performance.
The departure of a key executive like the COO and the addition of new responsibilities to the CFO could lead to changes in the company's operational strategies. This could potentially impact the company's performance and hence its stock price.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100
NEUTRAL IMPACT
The reported clash between Nissan's CEO and outgoing COO over negotiations with Renault could potentially impact Renault's relationship with Nissan.
The reported clash between Nissan's CEO and outgoing COO over negotiations with Renault indicates potential disagreements between the two companies. This could potentially impact Renault's relationship with Nissan and hence its business prospects.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50