You are here: Home » International » News » Companies
Business Standard

Nissan CEO reiterates pledge to step down if he fails to deliver recovery

"At the last extraordinary shareholders meeting ... I said that if Nissan's performance does not improve, please fire me," Uchida told shareholders at the company's general meeting

Topics
Nissan | Japan

Reuters  |  Tokyo 

Nissan
Uchida, who took over as head of Nissan in December, was addressing shareholders after the automaker last month reported its first annual loss in 11 years

Motor Co Chief Executive Makoto Uchida told shareholders on Monday that he would stick to his promise to step down as leader if he fails to deliver on his turnaround plan for the Japanese automaker.

"At the last extraordinary shareholders meeting ... I said that if Nissan's performance does not improve, please fire me," Uchida told shareholders at the company's general meeting.

"This policy remains unchanged."

Uchida, who took over as head of in December, was addressing shareholders after the automaker last month reported its first annual loss in 11 years.

First Published: Mon, June 29 2020. 11:57 IST
RECOMMENDED FOR YOU