View Full Version : Nissan names successor to Carlos Ghosen

02-21-2005, 01:22 PM
<A HREF="http://news.bbc.co.uk/2/hi/business/4283627.stm" TARGET="_blank">http://news.bbc.co.uk/2/hi/business/4283627.stm</A> <p><I><B>Nissan names successor to Ghosn</B><p>Nissan has named a lifetime employee to run its operations after Carlos Ghosn, its highly successful boss, takes charge at Renault.<p>As chief operating officer, Toshiyuki Shiga will run Nissan on a daily basis, although Mr Ghosn, who masterminded its recovery, will remain chief executive.<p>Mr Ghosn is to become chairman and chief executive of Renault, which owns 44% of the Japanese carmaker, in April.<p>Mr Ghosn transformed Nissan into a fast-growing and profitable business.<p>Mr Shiga will nominally serve as Mr Ghosn's deputy.<p>However, he will be Nissan's most senior Japan-based executive and will be in charge of the firm's global sales and marketing.<p>I need a leadership team capable of accelerating the performance that has characterised Nissan over the past six years<br>Carlos Ghosn<p>He is currently in charge of Nissan's operations across Asia and Australasia and is credited with significantly improving its sales in China.<p>He will inherit a strong legacy from Mr Ghosn, who has overseen a dramatic turnaround in Nissan's fortunes in the past five years.<p>Dubbed 'le cost killer' for pushing through huge cost cuts in previous jobs, Mr Ghosn reduced Nissan's overheads by 20% and trimmed its workforce by about 200,000 after taking charge in 1999.<p>These actions helped Nissan turn a 684bn yen ($6.4bn) loss in 2000 into a 331bn yen ($2.7bn) profit the following year.<p>During his tenure, Nissan has increased its market share and made significant strides in key export markets.<p>Nissan aims to increase vehicle sales to more than four million by 2008, launching 28 new models in the process.<p>In his new job as Renault chief executive, Mr Ghosn will devote 40% of his time to Renault, 40% to Nissan and the rest to the group's activities in North America and other key markets.<p>The Nissan Tone<br>The Tone people carrier is one of Nissan's new models<p>Mr Ghosn said Mr Shiga's appointment would ensure a "seamless" transition in management.<p>"I need a leadership team capable of accelerating the performance and delivery of results that has characterized Nissan over the past six years," Mr Ghosn said.<p>"I have full confidence in Toshiyuki Shiga and the new leadership team to help me implement the next chapter of Nissan's growth."<p>Nissan also announced a number of other management appointments with promotions for several younger executives. </I><p>So, "Le Cost Killer" moves on. I find it interesting that he will be spending his time split equally between Renault and Nissan, with extra time devoted primarily to North American activities (Infiniti, I'm guessing). Good to hear that he won't be leaving Nissan completely, though.

Naga Royal Guard
02-21-2005, 02:05 PM
yeah, spendid job w/ the Titan

Seller Automotive
02-21-2005, 05:37 PM
as long as nothing gets SCREWED UP with the GT-R.. i'll be ok.

02-22-2005, 01:36 PM
Ghosn is a genius and will probably help Renault-Nissan grow even more under his tenure.<p>He is one of the automotive CEO's I admire the most! <IMG NAME="icon" SRC="http://images.zeroforum.com/smile/emthup.gif" BORDER="0">

02-25-2005, 11:17 PM
Right on Bolita. He has a vision and I completely support his "it makes no sense to go after market share if you dont have profitability per each model". Yes there have been humps along the way with Quest which is good, but not outstanding in any given are which is precisely the reason why it is behind Odyssey and Sienna. Titan is a terrific truck, everybody who drives it loves it. It just needs to be priced more aggressively and offer more flexibility in terms of long or short bed, quad cab, or dual cab. Recently I must add sales for Titan have been doing way way better than before. For the short time that its been on market it gets more respect and sales than Tacoma.