The boss of Nissan has been arrested

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Written by Paul Horrell
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Carlos Ghosn, one of the most successful, imaginative and charismatic leaders in car-industry history, has been arrested in Tokyo and is being fired from his role at the top of Nissan. His alleged offence? Personal financial irregularities. These include under-reporting his compensation", and also using company assets for his personal benefit. After an accusation from a whistleblower, Nissan has been investigating Ghosn, its chairman, for many months. Nissan also accused another board member, Greg Kelly, of being involved. Carlos sits at the top of related companies Renault and Mitsubishi. His position there must be in doubt too; at Renault he"s Chair and CEO, and Renault has convened an emergency board meeting.

Date written: 20 Nov 2018

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