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  HOME | Business & Economy (Click here for more)

Nissan Announces Resignation of Its No. 3 after Less Than Month in Office

TOKYO – Japan’s Nissan Motor announced on Wednesday its acceptance of the resignation of its deputy chief operating officer, who took up the post at the beginning of the month with the mission of moving forward with the company’s restructuring process.

Nissan announced Jun Seki’s departure Wednesday in a statement in which it did not specify the exact date on which he will leave his position or the reasons for his departure, after some Japanese media published the news on Tuesday night.

“Jun Seki, currently executive officer and vice COO, has informed Nissan Motor Co., Ltd. of his decision to step down from his position and leave Nissan, and the company has accepted his notification,” Nissan said in the statement.

The company “has been on a steady path to regain trust, restore the company’s performance and work on its business transformation, and is already seeing progress,” it added.

Seki assumed the position of deputy COO on Dec. 1, the third most senior post within the new Nissan leadership and responsible for carrying out the restructuring process of the company based in Yokohama, southern Tokyo.

The company has had a new leadership and governance structure since the dismissal of the former head of the Japanese car manufacturer and the Nissan-Renault-Mitsubishi alliance, Carlos Ghosn, due to alleged irregularities related to the declaration of his remuneration.

The Japanese media said that Seki’s departure could be due to differences with Makoto Uchida, the new chief executive officer, over how to manage Renault, the largest shareholder of Nissan and that had pushed for a merger.

Seki, who has spent most of his professional career at Nissan, may have received an offer to move to Japanese electric vehicle manufacturer Nidec Corp., according to national media.

 

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