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Nissan president explains Ghosn’s dismissal to employees

News Desk (The Japan News/Asia News Network)
Tokyo, Japan
Tue, November 27, 2018

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Nissan president explains Ghosn’s dismissal to employees Men walk past a screen showing a news programme featuring Nissan chairman Carlos Ghosn in Tokyo on November 20, 2018. Nissan and Mitsubishi shares plunged on November 20, as the automakers prepared to oust chairman Carlos Ghosn a day after he was arrested for alleged financial misconduct. Toshifumi KITAMURA / AFP (AFP/Toshifumi KItamura)

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issan Motor Co. President Hiroto Saikawa held a companywide briefing session Monday to explain to the automaker’s 140,000 employees the developments that led to Carlos Ghosn’s dismissal from the chairman’s post.

According to sources, Saikawa said, “I apologize for causing unease among clients and employees.”

The briefing for all of the automaker’s employees was held at the company’s headquarters in Yokohama in light of Ghosn’s Nov. 19 arrest on suspicion of violating the Financial Instruments and Exchange Law. Saikawa delivered the briefing, which was broadcast to other offices in Japan and abroad via the internet.

The president explained the details of the alleged misconduct of Ghosn and Greg Kelly, who has been dismissed from the representative director post over the scandal. Saikawa stressed the company’s plans to review its management, which concentrated power in the hands of Ghosn.

Saikawa also suggested that the company would continue its alliance with French automaker Renault. He was quoted by a source as saying, “My job is to help [employees] grapple with work with a positive mentality.”

Saikawa also held a question and answer session with employees.

“The president is usually self-possessed, but this time he spoke out in a way that appealed to our emotions. I took his remarks seriously,” said a male employee who watched the broadcast. 

Saikawa spoke to reporters ahead of the briefing, saying: “We had a hard time finding an opportunity to speak to our employees. We need to help them return to normal.”

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