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Nissan's Ghosn crisis

Nissan panel to propose leaving chairman post vacant

Full slate of recommendations due out March 27

A Nissan logo displayed at the 89th Geneva International Motor Show in Geneva, Mar.5.   © Reuters

TOKYO -- Nissan Motor will release a set of proposals from its governance reform committee on March 27, including recommending that the Japanese automaker not fill its empty chairman slot.

The Yokohama-based company has blamed a concentration of power in former Chairman Carlos Ghosn for a string of scandals involving his compensation. To separate oversight from management, the special governance reform committee will suggest that the chairman no longer lead board meetings and that the role be entrusted to an outside director.

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