Nissan’s CEO Makoto Uchida said he is ready to be sacked he fails to improve profitability at the company
) new chief executive said on Tuesday he would accept being fired if he fails to turn around Japan’s second biggest automaker which is grappling with plunging sales in the aftermath of the scandal surrounding ex-chairman Carlos Ghosn.
On Tuesday, Uchida, who faced repeated heckling by shareholders, said he was ready to face dismissal if he failed to improve profitability at the company, which is on course to post its worst annual operating profit in 11 years. Uchida pleaded for patience while he compiles a plan by May to recover from crumbling profits and a corporate shake-up following Ghosn’s arrest in Japan in late 2018 over financial misconduct charges.
FILE PHOTO : Nissan CEO Hiroto Saikawa attends a joint news conference in Yokohama, Japan, March 12, 2019. REUTERS/Kim Kyung-Hoon/File Photo
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