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Nissan's Ghosn crisis

After Ghosn sacking, Nissan CEO to be interim chairman

Thursday's board to tackle dysfunctional governance with new committee

Nissan CEO Hiroto Saikawa will take over as chairman of the automaker on a temporary basis.   © Reuters

TOKYO -- Nissan Motor will remove Carlos Ghosn as chairman and representative director at an extraordinary board of directors meeting Thursday on charges of financial misconduct, temporarily replacing him with CEO Hiroto Saikawa.

A special panel of outside advisers to improve corporate governance will also be launched.

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