ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Nissan CEO calls Renault opposition to reform 'most regrettable'

Saikawa says planned corporate governance overhaul is only option

Nissan President and CEO Hiroto Saikawa also discussed the merger talks between Renault and Fiat Chrysler Automobiles. (Photo by Kei Higuchi)

TOKYO -- Nissan Motor CEO and President Hiroto Saikawa called Renault's decision to, in effect, block the Japanese automaker's reform plans on corporate governance "most regrettable," exposing the strong distrust brewing between the two alliance partners.

Nissan has "no other option" but to pursue a governance structure that would see three specialist committees deciding matters of nominations, remuneration and audit, Saikawa told Nikkei in an interview Monday.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more