Nissan Reportedly Weighing CEO Replacement Following Merger Collapse
The automaker is said to be evaluating leadership changes after failed Honda merger talks and worsening financial performance.
- Nissan is reportedly considering replacing CEO Makoto Uchida after the collapse of merger discussions with Honda and continued financial struggles.
- Sources indicate that the automaker's board is exploring potential candidates to succeed Uchida, though no official announcements have been made.
- Uchida, who has been CEO since 2019, has faced challenges turning around the company, which is expected to post an ¥80 billion loss for the fiscal year ending in March.
- The proposed $60 billion merger with Honda failed earlier this month, reportedly due to disagreements over Honda's push to make Nissan a subsidiary.
- Nissan is also expected to announce a broader restructuring of its executive team on March 12, though Uchida's involvement in this reshuffle remains uncertain.