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Nissan's Ghosn crisis

Nissan not likely to name Ghosn successor on Monday

New committee is planned to push discussions after failure to agree on candidate

Naming a successor to former Nissan Chairman Carlos Ghosn may take time.

TOKYO -- Nissan Motor's plan to have President Hiroto Saikawa double as chairman, the post left empty following Carlos Ghosn's dismissal, has been called into doubt as the nominating committee failed to agree on a successor.

Sources close to the meeting said Nissan may postpone the plan to name a candidate during its board of directors meeting on Monday.

A planned governance committee comprising mostly independent members is expected continue discussion on candidates, but there is possibility the post may remain vacant for some time.

The nominating committee, comprised of outside directors -- members of the board from outside the company -- met on Thursday to discuss the selection but failed to reach a conclusion.

According to the sources, the nominating committee has been discussing the possibility of naming President and Chief Executive Officer Hiroto Saikawa to serve concurrently as provisional chairman, but the director from Renault is thought to have opposed the move.

The nominating committee was set up specifically to come up with a candidate for chairman.

Nissan's board resolved on Nov. 22 to remove Ghosn's right to represent the company and dismissed him as chairman in an extraordinary meeting, three days after the former chief's arrest on allegations of underreporting compensation.

The board also resolved at that time to form the current nominating committee, comprised of three outside directors chaired by Masakazu Toyoda, and that candidates for chairman be nominated from among the directors.

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