business

Panel to propose Nissan pick majority of board from outside

12 Comments

The requested article has expired, and is no longer available. Any related articles, and user comments are shown below.

© KYODO

©2019 GPlusMedia Inc.

12 Comments
Login to comment

May I guess that those outsiders are actually insiders of Japanese nationality ?

0 ( +4 / -4 )

But the panel, which will draw up a report in late March, is not expected to delve into the responsibility of current Nissan executives, including President Hiroto Saikawa, for the governance problems 

Yeah, they want to put the responsibility on the "outsiders" so they can get rid of them somewhere down the line!

6 ( +6 / -0 )

Outside actually means from Mitsubishi Zaibatsu (conglomerate).

1 ( +2 / -1 )

By increasing the ratio of outside members, the panel is aiming to have them play a leading role in nominating executives and determining their remuneration, the sources said.

Why do I have the feeling that these "outside" directors will be of the "friends & family" type.

You know, like....

A race car driver.

An executive from Dentsu.

Someone from a Japanese bank.

Someone from Calsonic.

And so on.

5 ( +5 / -0 )

The thing I'm most impressed with about this committee is they are continuing the kabuki theater that the Ghosn case is all about compensation, when in fact it's a proxy war for the future of the Renault-Nissan alliance [including the issue of French governmental involvement]. Notably they're not even trying to address this main issue in their recommendations, due to "differing views".

4 ( +4 / -0 )

"But the panel, which will draw up a report in late March, is not expected to delve into the responsibility of current Nissan executives, including President Hiroto Saikawa".

So about as much use as a chocolate tea pot then.

4 ( +4 / -0 )

Outside actually means from Mitsubishi Zaibatsu (conglomerate).

The wider Mitsubishi group pretty much washed their hands of Mitsubishi Motors (MMC) after the latest scandal. That's why they joined the Renault/Nissan group. If any Mitsubishi ppl join the board they will likely be from MMC (except for any designated "outside directors" of course.

0 ( +0 / -0 )

If outside directors bring so much clarity, why not apply that to countries as well? Imagine if you want to be a member of the US Congress (board of directors). First, you have to get on good graces with the nominating committee (sounds commie...) because you can't just be a write-in. Then, you must affirm that you are not a US citizen and have never worked in the US to be considered for outside director of congress. Nevermind also that people still say that a 15-member board is too big, let alone a more representative one at 435. Sounds silly, doesn't it? Then why do companies not want company citizens elected by and for their people?

-1 ( +0 / -1 )

But the panel, which will draw up a report in late March, is not expected to delve into the responsibility of current Nissan executives, including President Hiroto Saikawa

Why don't they kick out Saikawa?? He made this mess

2 ( +2 / -0 )

Perfectly correct , no board members from inside Nissan considering the disaster caused by saikawa. I am sure the world will agree with me.

2 ( +3 / -1 )

I expect no top executive from abroad dares take the opportunity offered by Nissan and fall into their mouse trap once again. " Once - shame on you...but twice - shame on me..." as the old saying goes.

0 ( +0 / -0 )

Why no news abt Carlos ???.What have U all done to him ???. We good Japanese wants to know.

0 ( +0 / -0 )

Login to leave a comment

Facebook users

Use your Facebook account to login or register with JapanToday. By doing so, you will also receive an email inviting you to receive our news alerts.

Facebook Connect

Login with your JapanToday account

User registration

Articles, Offers & Useful Resources

A mix of what's trending on our other sites