- Title: File footage ahead of Nissan board meeting
- Date: 7th October 2019
- Summary: YOKOHAMA, JAPAN (FILE - SEPTEMBER 9, 2019) (REUTERS) ***WARNING: CONTAINS FLASH PHOTOGRAPHY*** FORMER NISSAN MOTOR CO CEO HIROTO SAIKAWA WAKING INTO A NEWS CONFERENCE ROOM AND TAKING SEAT (SOUNDBITE) (Japanese) FORMER NISSAN MOTOR CEO HIROTO SAIKAWA SAYING: "Regarding SAR (stock appreciation rights) they were investigated and the result is that I have agreed to return the overpayment. Which I believe puts an end to the situation." NEWS CONFERENCE IN PROGRESS (SOUNDBITE) (Japanese) FORMER NISSAN MOTOR CEO HIROTO SAIKAWA SAYING: ''Thinking of when to take responsibility and when to prepare for the next step, I chose the earliest possible time (to resign)." NEWS CONFERENCE IN PROGRESS (SOUNDBITE) (Japanese) FORMER NISSAN MOTOR CEO HIROTO SAIKAWA SAYING: "The fact that they (Carlos Ghosn and Greg Kelly) put the company in this situation and caused trouble for its employees and customers, is, I believe, the biggest responsibility and I hope they will regret their actions." VARIOUS OF NEWS CONFERENCE (SOUNDBITE) (Japanese) NISSAN'S CHAIRMAN OF THE BOARD, YASUSHI KIMURA, SAYING: "Nearly a year since we started the investigation, today's report finally concluded that it (Ghosn's conduct) was misconduct. It has caused about 35 billion yen ($340 million) in total damages to the company."
- Embargoed: 21st October 2019 06:12
- Keywords: Nissan CEO Hiroto Saikawa board meeting Yokohama Japan
- Location: YOKOHAMA, TOKYO, CHIBA, YOKOSUKA, JAPAN
- City: YOKOHAMA, TOKYO, CHIBA, YOKOSUKA, JAPAN
- Country: Japan
- Topics: Company News Markets,Economic Events
- Reuters ID: LVA001B03IYZ1
- Aspect Ratio: 16:9
- Story Text: Japanese automobile maker Nissan is widely expected to hold a board meeting on Tuesday (October 8) after former CEO Hiroto Saikawa resigned from improperly overpaid scandal.
Saikawa was temporarily replaced by Chief Operating Officer Yasuhiro Yamauchi, with a permanent replacement expected by the end of October, the Japanese company said in September.
Among the candidates to be the next CEO are non-Japanese, women, and those hailing from French carmaker Renault, the chairman of Nissan's nomination committee, Masakazu Toyoda, told reporters.
(Production: Hideto Sakai, Akiko Okamoto) - Copyright Holder: FILE REUTERS (CAN SELL)
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