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Nissan's Ghosn crisis

Nissan outside directors to kick off selection of Ghosn successor

President and CEO Saikawa seen as top candidate

Nissan rejected top shareholder Renault's move to choose Carlos Ghosn's successor as chairman.   © Reuters

TOKYO -- Nissan Motor's outside directors on Tuesday will begin the process of selecting a successor to ousted Chairman Carlos Ghosn, with President and CEO Hiroto Saikawa considered the leading candidate.

Renault, Nissan's top shareholder with a 43% stake, had informed the Japanese automaker that it intended to nominate the next chairman, following Ghosn's arrest last month on suspicion of underreporting his income.

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