Nissan not currently considering asking CEO Saikawa to resign: sources

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Nissan not currently considering asking CEO Saikawa to resign: sources
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Nissan Motor Co is not currently considering asking embattled CEO Hirot...

FILE PHOTO - Nissan CEO Hiroto Saikawa attends a news conference to release first quarter earnings at the company headquarters in Yokohama, Japan July 25, 2019. REUTERS/Issei Kato

An internal investigation found that Saikawa and other executives had received improper compensation, Reuters reported on Thursday, raising doubts about Saikawa’s pledge to improve governance in the wake of former Chairman Carlos Ghosn’s arrest last year for alleged financial misconduct. “There’s no illegality,” the source said, declining to be identified because the information has not been made public.Saikawa apologized on Thursday and vowed to return any improperly paid funds as he admitted to Japanese reporters that he had wrongly received stock-related compensation under “a scheme of the Ghosn era”.

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