Nissan's CEO is resigning after months of turmoil at the Japanese automaker

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Nissan's CEO is resigning after months of turmoil at the Japanese automaker
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Hiroto Saikawa, who took over amid financial misconduct charges against chairman Carlos Ghosn, acknowledged an overpayment from the company last week.

Nissan's CEO is resigning, the Japanese automaker said Monday. Hiroto Saikawa acknowledged last week that he took more equity-linked pay from the company than he was entitled to, Bloomberg reported, but said he was previously unaware of the overpayment. Saikawa was the hand-picked successor to disgraced former chairman Carlos Ghosn, who is facing financial misconduct charges in Tokyo. Visit Business Insider's homepage for more stories.

Nissan's CEO is resigning, the Japanese automaker said Monday. Hiroto Saikawa acknowledged last week that he took more equity-linked pay from the company than he was entitled to, Bloomberg reported, but said he was previously unaware of the overpayment. Saikawa was the hand-picked successor to disgraced former chairman Carlos Ghosn, who is facing financial misconduct charges in Tokyo. Visit Business Insider's homepage for more stories.

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