TOKYO -- Carlos Ghosn will step down as Nissan Motor's president and CEO, effective April 1, the automaker said on Thursday. Co-CEO Hiroto Saikawa will take his place, becoming the company's first new top leader in 17 years.
Ghosn will stay on as chairman with representation rights, and continue to oversee a group that also includes French automaker Renault and Japan's Mitsubishi Motors, in which Nissan acquired a 34% stake last year.
