Carlos Ghosn, CEO of both Nissan Motor and Renault, on Tuesday said he would not resign from the post at the Japanese automaker at least until it was profitable again.
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Nissan today posted its first annual loss in the decade since Ghosn took charge though the results were better than the automaker had forecast after reporting nine-month results back in February.
Ghosn, sent from Renault in 1999 to lead Nissan initially as chief operating officer, had said in the past he expected his tenure to last a maximum 10 years, Reuters noted.
“If you leave now, you wouldn’t be leaving – you would be deserting,” he told the news agency in an interview after the results announcement today. He added that he had no intention of leaving of his own volition until Nissan achieved a “clear” return to profitability.
