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Nissan-Renault alliance

Nissan board to discuss CEO pay scandal and potential successor

Monday meeting to focus on questions of misconduct and who should replace embattled Saikawa

Nissan's board is set to discuss how President and CEO Hiroto Saikawa received an extra $443,000 in performance-linked pay. (Nikkei montage)

TOKYO -- Nissan Motor will discuss CEO Hiroto Saikawa's pay scandal at a board meeting on Monday to determine whether there was any misconduct involved in his receiving an improperly inflated bonus in 2013.

Saikawa, who has announced his intention to resign, denies any involvement, though he has acknowledged there were problems with the remuneration scheme for executives. The board is also expected to discuss who will replace Saikawa.

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