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Nissan CEO Hiroto Saikawa resigns; new chief to face challenge of reviving profit

@Breakingviews  podcast: What’s next for Nissan after the resignation of CEO Hiroto Saikawa? Plus: Is activist Elliott Management going soft on AT&T? Columnists discuss on Viewsroom

Viewsroom podcast: Columnists discuss Hiroto Saikawa’s exit from Nissan and the implications for the carmaker’s alliance with Renault. Plus: Elliott Management seems to implicitly target AT&T boss Randall Stephenson.

At the end of the news conference, Hiroto Saikawa entered the room and faced the reporters alone, saying, “We are seeing a lot of repercussions for what we have done in the past.”

Nissan's abrupt CEO exit complicates turnaround efforts as corruption scandal spreads: Suddenly, Nissan CEO Hiroto Saikawa — who ordered the investigation into his former mentor — finds himself in the spotlight and standing accused of pocketing excess…

After a hastily arranged news conference, Hiroto Saikawa stepped into the room and faced the crowd of reporters alone. He apologized for leaving Nissan before he could fulfill his promise of putting it back on track.

At the end of the news conference, Hiroto Saikawa entered the room and faced the reporters alone, saying, “We are seeing a lot of repercussions for what we have done in the past.”

Hiroto Saikawa, who helped oust Carlos Ghosn, was shown the door himself on Monday as pressure built for a turnround plan under a new chief executive

#ExpressBiz | Nissan is looking for its third CEO in as many years. Following Hiroto Saikawa's resignation, the Japanese automaker’s board needs to find a leader who can guide the company through decade-low profits and job cuts as car sales slow globally

Investigations revealed that Nissan's CEO had received dubious income of 96.5 million yen after taxes paid over two dates — equal to more than $900K. Hiroto Saikawa's resignation is effective Sept. 16.

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Nissan CEO Hiroto Saikawa has resigned. It's the latest twist in a mounting pile of problems at the Japanese carmaker.

Nissan CEO Hiroto Saikawa is to step down, following revelations that he received more equity-linked pay than he was entitled to under company rules in 2013

JUST IN: Nissan CEO Hiroto Saikawa will step down from CEO position on Sept 16, COO Yamauchi will take over as acting CEO

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Nissan CEO Hiroto Saikawa has resigned and admitted to inflating his compensation

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Nissan CEO Hiroto Saikawa will return some of his performance-based pay after auditors find that the amount paid was excessive

Breaking: Nissan Chief Executive Hiroto Saikawa to step down, ending a term marked by controversy over the arrest of former Chairman Carlos Ghosn

Nissan CEO Hiroto Saikawa said he’s ready to take responsibility for scandals involving former Chairman Carlos Ghosn and will leave the company as soon as a successor is found

Nissan Motor was embroiled in another scandal over executive pay after Chief Executive Hiroto Saikawa admitted to being overpaid in violation of rules. More here:

Nissan's CEO, Hiroto Saikawa, blames Carlos Ghosn for all the Japanese carmaker's problems. Now investors are looking at Saikawa and asking: What about you?

Nissan CEO Hiroto Saikawa confirms that Carlos Ghosn has been arrested, adding that the board will meet Thursday to seek his removal from the company

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