Learn the complete assertion from Nissan relating to allegations towards Chairman Carlos Ghosn
Right here is the complete assertion from Nissan relating to allegations towards Chairman Carlos Ghosn and Consultant Director Greg Kelly:
The investigation confirmed that over a few years each Ghosn and Kelly have been reporting compensation quantities within the Tokyo Inventory Trade securities report that have been lower than the precise quantity, with the intention to scale back the disclosed quantity of Carlos Ghosn’s compensation.
Additionally, with reference to Ghosn, quite a few different vital acts of misconduct have been uncovered, equivalent to private use of firm belongings, and Kelly’s deep involvement has additionally been confirmed.
Nissan has been offering info to the Japanese Public Prosecutors Workplace and has been absolutely cooperating with their investigation. We are going to proceed to take action.
Because the misconduct uncovered by our inside investigation constitutes clear violations of the responsibility of care as administrators, Nissan’s Chief Govt Officer Hiroto Saikawa will suggest to the Nissan Board of Administrators to promptly take away Ghosn from his positions as Chairman and Consultant Director.
Saikawa will even suggest the elimination of Greg Kelly from his place as Consultant Director. Nissan deeply apologizes for inflicting nice concern to our shareholders and stakeholders. We are going to proceed our work to determine our governance and compliance points, and to take applicable measures.