Nissan Motor Company shareholders have approved an increase of as much as 33% in the salaries of chief executive officer Carlos Ghosn and other directors, rewarding them for a third year of record profits, Bloomberg News reported. Ghosn, executive vice president Itaru Koeda and five other directors of Japan's second-largest car maker by market value will have the limit on their salaries raised to as much as 2 billion yen ($US17 million) from 1.5 billion yen, the report added.