“It’s time to accelerate the shift to zero-emission mobility by working together with all parties concerned,” said then Alliance Chairman Carlos Ghosn in 2015.
Nissan Motor Co., Ltd. today held an extraordinary meeting of its board of directors, at which it decided to hold another extraordinary meeting of shareholders in April limited to the following aims: 1) Discharge of directors Carlos Ghosn and Greg Kelly; 2) appointment of Renault Chairman Jean-Dominique Senard as director.
The Nissan move follows a Renault’s Board of Directors meeting on January 24, 2019 at 10 a.m. under the chairmanship of Philippe Lagayette, Lead Independent Director with the resignation of Chairman and Chief Executive Officer Carlos Ghosn. The Board then changed Renault’s new governance structure separating the functions of Chairman of the Board and Chief Executive Officer.
The new Chairman of Renault’s Board of Directors – Jean-Dominique Senard -will be the main contact for Nissan and Mitsubishi, the Alliance partners, for any discussion on the Alliance’s organization and evolution. The new Chief Executive Officer – Thierry Bolloré – will coordinate for the company the Alliance’s activities in the operational field under the authority of the Chairman.
Renault-Nissan-Mitsubishi is today the world’s largest automotive partnership, with combined sales of more than 10.6 million vehicles in calendar year 2017.
At Nissan, nominations of all Nissan directors are to be submitted for approval at the Annual General Meeting of Shareholders scheduled for June, after review of proposals from the Special Committee for Improving Governance.
Nissan Extraordinary Meeting of Shareholders
- Date: April 8, 2019
- Time: 10:00
- Venue: Grand Prince Hotel New Takanawa, Minato-ku, Tokyo
Nissan Motor Company
Nissan is a global full-line vehicle manufacturer that sells more than 60 models under the Nissan, INFINITI and Datsun brands. In fiscal year 2017, the company sold 5.77 million vehicles globally, generating revenue of 11.9 trillion yen. On April 1, 2017, the company embarked on Nissan M.O.V.E. to 2022, a six-year plan targeting a 30% increase in annualized revenues to 16.5 trillion yen by the end of fiscal 2022, along with cumulative free cash flow of 2.5 trillion yen. As part of Nissan M.O.V.E. to 2022, the company plans to extend its leadership in electric vehicles, symbolized by the world’s best-selling all-electric vehicle in history, the Nissan LEAF. Nissan’s global headquarters in Yokohama, Japan, manages operations in six regions: Asia & Oceania; Africa, the Middle East & India; China; Europe; Latin America; and North America. Nissan has partnered with French manufacturer Renault since 1999 and acquired a 34% stake in Mitsubishi Motors in 2016. Renault-Nissan-Mitsubishi is today the world’s largest automotive partnership, with combined sales of more than 10.6 million vehicles in calendar year 2017.
AutoInformed.com on
About Ken Zino
Ken Zino, publisher (kzhw@aol.com), is a versatile auto industry participant with global experience spanning decades in print and broadcast journalism, as well as social media. He has automobile testing, marketing, public relations and communications experience. He is past president of The International Motor Press Assn, the Detroit Press Club, founding member and first President of the Automotive Press Assn. He is a member of APA, IMPA and the Midwest Automotive Press Assn.
Zino is at home on test tracks, knows his way around U.S. Congressional hearing rooms, auto company headquarters, plant floors, as well as industry research and development labs where the real mobility work is done. He can quote from court decisions, refer to instrumented road tests, analyze financial results, and profile executive personalities and corporate cultures.
He also brings an historical perspective while citing their contemporary relevance of the work of legendary auto writers such as Ken Purdy, Jim Dunne or Jerry Flint, or writers such as Red Smith, Mark Twain, Thomas Jefferson – all to bring perspective to a chaotic automotive universe.
Above all, decades after he first drove a car, Zino still revels in the sound of the exhaust as the throttle is blipped and the driver’s rush that occurs when the entry, apex and exit points of a turn are smoothly and swiftly crossed. It’s the beginning of a perfect lap.
AutoInformed has an editorial philosophy that loves transportation machines of all kinds while promoting critical thinking about the future use of cars and trucks.
Zino builds AutoInformed from his background in automotive journalism starting at Hearst Publishing in New York City on Motor and MotorTech Magazines and car testing where he reviewed hundreds of vehicles in his decade-long stint as the Detroit Bureau Chief of Road & Track magazine. Zino has also worked in Europe, and Asia – now the largest automotive market in the world with China at its center.
Ghosn to be Gone at Next Nissan Shareholders Meeting
“It’s time to accelerate the shift to zero-emission mobility by working together with all parties concerned,” said then Alliance Chairman Carlos Ghosn in 2015.
Nissan Motor Co., Ltd. today held an extraordinary meeting of its board of directors, at which it decided to hold another extraordinary meeting of shareholders in April limited to the following aims: 1) Discharge of directors Carlos Ghosn and Greg Kelly; 2) appointment of Renault Chairman Jean-Dominique Senard as director.
The Nissan move follows a Renault’s Board of Directors meeting on January 24, 2019 at 10 a.m. under the chairmanship of Philippe Lagayette, Lead Independent Director with the resignation of Chairman and Chief Executive Officer Carlos Ghosn. The Board then changed Renault’s new governance structure separating the functions of Chairman of the Board and Chief Executive Officer.
The new Chairman of Renault’s Board of Directors – Jean-Dominique Senard -will be the main contact for Nissan and Mitsubishi, the Alliance partners, for any discussion on the Alliance’s organization and evolution. The new Chief Executive Officer – Thierry Bolloré – will coordinate for the company the Alliance’s activities in the operational field under the authority of the Chairman.
Renault-Nissan-Mitsubishi is today the world’s largest automotive partnership, with combined sales of more than 10.6 million vehicles in calendar year 2017.
At Nissan, nominations of all Nissan directors are to be submitted for approval at the Annual General Meeting of Shareholders scheduled for June, after review of proposals from the Special Committee for Improving Governance.
Nissan Extraordinary Meeting of Shareholders
Nissan Motor Company
Nissan is a global full-line vehicle manufacturer that sells more than 60 models under the Nissan, INFINITI and Datsun brands. In fiscal year 2017, the company sold 5.77 million vehicles globally, generating revenue of 11.9 trillion yen. On April 1, 2017, the company embarked on Nissan M.O.V.E. to 2022, a six-year plan targeting a 30% increase in annualized revenues to 16.5 trillion yen by the end of fiscal 2022, along with cumulative free cash flow of 2.5 trillion yen. As part of Nissan M.O.V.E. to 2022, the company plans to extend its leadership in electric vehicles, symbolized by the world’s best-selling all-electric vehicle in history, the Nissan LEAF. Nissan’s global headquarters in Yokohama, Japan, manages operations in six regions: Asia & Oceania; Africa, the Middle East & India; China; Europe; Latin America; and North America. Nissan has partnered with French manufacturer Renault since 1999 and acquired a 34% stake in Mitsubishi Motors in 2016. Renault-Nissan-Mitsubishi is today the world’s largest automotive partnership, with combined sales of more than 10.6 million vehicles in calendar year 2017.
AutoInformed.com on
About Ken Zino
Ken Zino, publisher (kzhw@aol.com), is a versatile auto industry participant with global experience spanning decades in print and broadcast journalism, as well as social media. He has automobile testing, marketing, public relations and communications experience. He is past president of The International Motor Press Assn, the Detroit Press Club, founding member and first President of the Automotive Press Assn. He is a member of APA, IMPA and the Midwest Automotive Press Assn. Zino is at home on test tracks, knows his way around U.S. Congressional hearing rooms, auto company headquarters, plant floors, as well as industry research and development labs where the real mobility work is done. He can quote from court decisions, refer to instrumented road tests, analyze financial results, and profile executive personalities and corporate cultures. He also brings an historical perspective while citing their contemporary relevance of the work of legendary auto writers such as Ken Purdy, Jim Dunne or Jerry Flint, or writers such as Red Smith, Mark Twain, Thomas Jefferson – all to bring perspective to a chaotic automotive universe. Above all, decades after he first drove a car, Zino still revels in the sound of the exhaust as the throttle is blipped and the driver’s rush that occurs when the entry, apex and exit points of a turn are smoothly and swiftly crossed. It’s the beginning of a perfect lap. AutoInformed has an editorial philosophy that loves transportation machines of all kinds while promoting critical thinking about the future use of cars and trucks. Zino builds AutoInformed from his background in automotive journalism starting at Hearst Publishing in New York City on Motor and MotorTech Magazines and car testing where he reviewed hundreds of vehicles in his decade-long stint as the Detroit Bureau Chief of Road & Track magazine. Zino has also worked in Europe, and Asia – now the largest automotive market in the world with China at its center.