TOKYO: Nissan Chief Executive Makoto Uchida told a Japanese court on Wednesday that the company’s former chairman, Carlos Ghosn, had held too much power, failed to listen to others, and stayed on for too long.
Uchida said Wednesday that those were factors that led to financial misconduct charges for Ghosn. He was testifying as a witness for Nissan Motor Co., which as a corporate entity is standing trial on charges of having falsified securities reports in under-reporting Ghosn’s compensation. It does not contest the charges.
Greg Kelly, an American former executive vice president at Nissan, also is on trial on charges of failing to fully report Ghosn’s compensation. Both he and Ghosn have adamantly insisted they are innocent.
Nissan CEO tells Tokyo court Ghosn had too much power
japantoday.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from japantoday.com Daily Mail and Mail on Sunday newspapers.
Nissan CEO tells court ex-chairman Carlos Ghosn had too much power
business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.
Nissan CEO tells Tokyo court Carlos Ghosn had too much power : The Asahi Shimbun
asahi.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from asahi.com Daily Mail and Mail on Sunday newspapers.