An internal investigation by the OEM found he had been overpaid by 90 million yen ($841,000) via stock appreciation rights, including tax adjustments.

Saikawa's resignation comes as Nissan is floundering in the critical American market, where sales fell 5.9% in the first eight months of 2019, compared with the previous year.

Nissan CEO Hiroto Saikawa has resigned, dealing a new blow to the Japanese carmaker as it struggles to recover from the ousting of Carlos Ghosn last November. The company’s board of directors ...

TOKYO/PARIS, Sept 12 (Reuters) - The fate of Nissan CEO Hiroto Saikawa was sealed by two external directors who persuaded the board on Monday to oust the company veteran and spare the carmaker ...

Nissan Motor CEO Hiroto Saikawa is resigning, ending a term marked by controversy over the arrest of former Chairman Carlos Ghosn and a sharp falloff in profits.

Koji Sasahara/Associated Press. By Ben Dooley. June 25, 2019; ... Mr. Saikawa apologized on Tuesday to shareholders gathered at a hotel in Yokohama, where Nissan is based, ...

Nissan Motor Co. CEO Hiroto Saikawa said he won’t resign for being at the center of turmoil over excess compensation, but is ready to take responsibility for scandals involving former Chairman ...

The senior manager at Nissan Motor Co. who led the probe into excess compensation for Chief Executive Officer Hiroto Saikawa and other executives is resigning, people with knowledge of the matter ...

Nissan CEO Hiroto Saikawa resigned Monday, after he admitted he had been overpaid. Internal investigations from Audit Committee in the company revealed that Saikawa had received dubious income of 9… ...

Nissan Motor Co was embroiled in another scandal over executive pay on Thursday after Chief Executive Hiroto Saikawa admitted to being overpaid in violation of internal procedures under a scheme ...

Saikawa wants to keep Nissan and Infiniti's U.S. sales at around 1.4 million vehicles in the fiscal year ending March 31, ... "There seem to be a whole bunch of risks," said Koji Endo, ...

Nissan Motor Co. Chief Executive Officer Hiroto Saikawa said he’s ready to take responsibility for scandals involving former Chairman Carlos Ghosn and will exit the company as soon as a ...