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Nissan executive Munoz takes leave of absence in wake of Ghosn arrest

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Munoz is considered by many in the company to be a close ally of Ghosn,

Fortunately for him he is not in Japan otherwise Saikawa would create allegation for him too.

A senior executive of Nissan Motor Co Ltd, Jose Munoz, has taken a leave of absence in a sudden management shake-up

Shake-up, hostile shake-up to be more precise.

As a result, his planned appearance at the Consumer Electronics Show in Las Vegas this week would be cancelled, a Nissan spokesman said.

Saikawa's agenda is much more important than him to show up in annual event to boost Nissan sales.

6 ( +10 / -4 )

Probably wants to avoid being locked up.

13 ( +13 / -0 )

Renault should bankroupt Nissan, just to show the Japanese maker that medieval and kamikaze tactics have no place in a civilised world.

11 ( +18 / -7 )

Fortunately for him he is not in Japan otherwise Saikawa would create allegation for him too.

Really? Where did you get this information from? With all the executive level meetings that seem to be going on at Nissan in the wake of this scandal it would seem that he would be here to deal with it.

Since then, Nissan has succeeded in raising its market share in the United States, but profitability in the region has plummeted in the past few years due to heavy discounting on its vehicles, an issue that Saikawa has pledged to reverse.

Doubtful, it's all talk at a time when action is needed to stabilize the company. This kind of rhetoric is going to come back to bite him on the arse when he cant produce!

-3 ( +2 / -5 )

Be out of Japan and you are free from indictment. At Nissan without Ghosn, you will lose your room at Nissan. Saikawa will also be leaving Nissan. His role of getting rid of Ghosn is finished. In business wise, Mitsubishi will be in trouble.

4 ( +8 / -4 )

This news is a red herring. Remember, it is the Japanese justice system which is on trial here.

-4 ( +7 / -11 )

renault france, ghosn half france half brazilian, nissan just you did saw it before brazilian i see just corruption!!!!!!!!!!!!!!!!

0 ( +4 / -4 )

In other words he wants nothing to do with the whole sordid affair. This one is on you boys!

2 ( +5 / -3 )

With all the executive level meetings that seem to be going on at Nissan in the wake of this scandal it would seem that he would be here to deal with it.

And taking risk to face made up allegations, no he smarter than that.

Really? Where did you get this information from?

His position is for Nissan US and his working in US.

You just like to make comment out from nothing right.

2 ( +4 / -2 )

The Japanede sure are keen on making Nissan Japanese again.

14 ( +14 / -0 )

…...yeah, pretty sure Munoz wont attend any meetings in Japan!! And I am sure a LOT of people at Nissan have having MORE than 2nd thoughts working there!

Lots of dust in the air from all the resume's being updated & shuffled about!

7 ( +7 / -0 )

His position is for Nissan US and his working in US. You just like to make comment out from nothing right.

I guess you didnt actually READ the article.

Munoz, who serves as Nissan’s chief performance officer, joined the automaker in 2004 in Europe, and led its ambitious expansion in North America after the global financial crisis.

He is the chief performance officer, for NISSAN which means his position is HERE in Japan.

-3 ( +1 / -4 )

'Japanese prosecutors want Carlos Ghosn, the detained auto executive who oversaw an alliance that sold 10 million vehicles a year, to confess to financial misconduct, his son told France’s weekly Journal du Dimanche (JDD)'.

https://www.reuters.com/article/us-nissan-ghosn-son/japanese-prosecutors-want-ghosn-to-sign-confession-says-son-paper-idUSKCN1OZ0NI

4 ( +4 / -0 )

After stripping Ghosn of his chairman position following his arrest, Nissan CEO Hiroto Saikawa has called for changes to weaken the clout of controlling shareholder Renault.

Let me translate that for you. It means purge the gaijin.

9 ( +10 / -1 )

His position is for Nissan US and his working in US. You just like to make comment out from nothing right.

I guess you didnt actually READ the article. 

I guess your only information just Japan Today article, no matter other of many things that article didn't mention

Munoz, who serves as Nissan’s chief performance officer, joined the automaker in 2004 in Europe, and led its ambitious expansion in North America after the global financial crisis.

He is the chief performance officer, for NISSAN which means his position is HERE in Japan.

Which mean you only assume he is in Japan, he holds multiple positions in Nissan and that pretty common in corporate world.

2 ( +3 / -1 )

Saikawa: Umm, yes, Mr. Munoz we need you to urgently come to Japan for a special board meeting... The jet is on its way.

Munoz: Heeeeeeelllllll Nooooooooooooooooooooooooo!!!

8 ( +8 / -0 )

As a result, his planned appearance at the Consumer Electronics Show in Las Vegas this week would be cancelled, a Nissan spokesman said.

No @Ex_Res, the Japanese Justice System is just Japans way of getting some money back from Carlos Ghosn, the French did it a different way and got 30%.

The real story is he was the Chairman and which way was he able to take the company ?

Since then, Nissan has succeeded in raising its market share in the United States, but profitability in the region has plummeted in the past few years due to heavy discounting on its vehicles, 

Toyota is there releasing Guardian/Chauffeur on the P4 platform, but Nissan have nothing new.

-4 ( +0 / -4 )

will Goode :Toyota is there releasing Guardian/Chauffeur on the P4 platform, but Nissan have nothing new.

You are RIGHT ON.

For all the money Ghosn was paid - there is little to show for it.

-1 ( +5 / -6 )

Munoz is somehow complicite in this case- either he was co-opting with Ghosn, or he is helping with the investigation, or may be a witness - so taking 'a leave' will ensure there is no conflict.

He will likely have been 'encouraged' to take a leave.

It's a gentleman's temporary exit.

There is nothing nefarious about it.

-4 ( +3 / -7 )

After stripping Ghosn of his chairman position following his arrest, Nissan CEO Hiroto Saikawa has called for changes to weaken the clout of controlling shareholder Renault.

More and more clue about Nissan internal conflict showed up, prosecutor just being used by Hirakawa for this.

4 ( +7 / -3 )

For all the money Ghosn was paid - there is little to show for it.

Except for Nissan not going bankrupt. But that's not much, is it?

7 ( +9 / -2 )

For all the money Ghosn was paid - there is little to show for it.

Well, they do own some nice real estate in Copacabana,,,

3 ( +3 / -0 )

Nissan made correct choice if it chooses Munos to lead the company.

-1 ( +0 / -1 )

”Doing tasks” translates to shredding numerous documents.

-1 ( +0 / -1 )

In a statement on Saturday, Nissan said that Munoz has taken a leave of absence “to allow him to assist the company by concentrating on special tasks arising from recent events.”

I am pretty sure that Saikawa and Nissan put the screws on Munoz as it relates to Ghosn. Basically demanding that he choose sides: either side with Saikawa and the J executives, or be sidelined.

And Munoz was not about to go along with Saikawa.Nor was he going to get on a plane and go to Tokyo, and risk the fate that befell Kelly.

Munoz is based in Tennessee. He is safe from the Japanese legal system. Nissan would have fired him, but they know how this would look. So, thus, this cover story.

Saikawa and Nissan want to reclaim Nissan for Japan and Japanese. And are hell bent on exterminating any and all senior foreigners in management.

I truly hope Renault, as the largest shareholder, destroys Saikawa and his cronies.

8 ( +9 / -1 )

Probably wants to avoid being locked up.

how is that so hes not even based in Japan

Let me translate that for you. It means purge the gaijin.

this is the worst type or racism, at least if somebody says something derogatory to your face you know where they stand, but to do it secretly sniveling conniving behind your back that the type of pathetic little boys  Saikawa and his buddies are. they really dont have the nads to do it any other way

4 ( +5 / -1 )

If Nissan wants to be a J-company again the answer is relatively simple BUY back shares from Renault!!!

That said this whole thing has gotten insanely UGLY due to POOR management in Japan, they are sabotaging their own company, semi falling on their swords so to speak!

4 ( +5 / -1 )

his buddies are. they really dont have the nads to do it any other way

Nissan,Renault&Mitsubishi is unraveling, but in perspective so is Ford and GM; the fuel and computing power of cars is changing, markets are tightening, especially in America, but arresting executives is just going to upset trade.

2 ( +2 / -0 )

Finger pointing to foreigners.. disgraceful, Yet no old dinosaur era oji sans are guilty of anything

6 ( +7 / -1 )

@ Will Goode -

Excellent point!

-1 ( +1 / -2 )

Nissan is purging plain and simple.

An interesting article here.

https://asia.nikkei.com/Opinion/Ghosn-where-the-fault-really-lies

In this article the writer asks.

To ask the question pointedly: Where were Nissan's Japanese executives when "alliance agreements" favorable to Renault at the expense of Nissan's general shareholders were approved? Where were they when Ghosn's "excessive" compensation was approved? Who stood up to object? Who threatened to resign? Are the objections that Nissan's Japanese managers have to the proposed merger with Renault based on objective corporate concerns, or do they reflect merely personal resistance to serving under outsiders?

That last bit right there.

or do they reflect merely personal resistance to serving under outsiders?

Be curious as to what you all think?

Is this a purge to get anyone non-Japanese out of power?

Some food for thought.

4 ( +7 / -3 )

Japanese prosecutors will pay a very heavy price for making the mistake of arresting CARLOS GHOSN , they will be the mockery of the whole world more than they are now , weak case , indifference to constitutional rights , lack of susbstantial evidence, illegal and politically and socially and racially motivated arrest , etc etc .

You better be ready for when he is free and will sue you for the last yen in your pockets . WAIT & SEE .

1 ( +2 / -1 )

In short, framing Nissan's problem as a crime by two individuals does not address the collective lack of corporate governance that allowed Ghosn to create his empire.

28/11/2018

And still true today

1 ( +1 / -0 )

So you ask google who owns NISSAN and it says RENAULT, then you ask who owns RENAULT and it says VOLVO, then you say who owns VOLVO and it says GEELY, hmmmm good luck with making Nissan only Japanese people.

2 ( +2 / -0 )

So you ask google and it says President. HSaikawa;8DirectorsHSakamoto,TShiga,JDuzan,CGhosn,BRey,KIhara,GKelly&MToyoda.

4Auditors,4Officers,46VPs

Nothing stands out there as a problem.

1 ( +1 / -0 )

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