Nissan announces CEO Makoto Uchida is stepping down
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Nissan's CEO Makoto Uchida is stepping down following poor financial results. Ivan Espinosa, the current chief planning officer, will take over as CEO on April 1. Espinosa aims to leverage his experience to drive a turnaround, focusing on electric vehicles and long-term growth.
March 11, 2025 | 7:30 pm
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Nissan's CEO change comes after disappointing financial results. Ivan Espinosa, with a strong background in product planning and EVs, will take over, potentially signaling a strategic shift towards electric vehicles and long-term growth.
The CEO change is a significant event for Nissan, especially following poor financial results. Espinosa's background in product planning and electric vehicles suggests a potential strategic shift. However, the immediate impact on stock price is uncertain as the new strategy details are yet to be revealed.
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