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home / news releases / NSANF - Carlos Ghosn Loses Position Over Payment Scandal


NSANF - Carlos Ghosn Loses Position Over Payment Scandal

It’s official! Carlos Ghosn is out after two decades of leading Nissan (OTC:NSANF) to new heights. The CEO has been accused of financial misconduct.

Brazilian-born Ghosn is accused of under-reporting his salary and using company assets for personal use.

Carlos Ghosn

Senior executive Greg Kelly was complacent in Ghosn’s actions and is accused of similar behaviors. He has also been removed from his position.

Nissan’s board voted unanimously to dismiss the two men in order to “minimize the potential impact” with alliance partners Renault (OTC:RNSDF) and Mitsubishi (OTC:MSBHF).

Carlos Ghosn ...

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Stock Information

Company Name: Nissan Motor Co. Ltd.
Stock Symbol: NSANF
Market: OTC

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