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.
Go deeper with GlobalData
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.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
