Connect with us
Finance Digest is a leading online platform for finance and business news, providing insights on banking, finance, technology, investing,trading, insurance, fintech, and more. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.


Nissan will not fill COO position left open by Gupta’s departure

TOKYO (Reuters) – Nissan Motor Co has decided to not fill in the chief operating officer position vacated by Ashwani Gupta under a new management structure, the Japanese automaker said on Wednesday.

Responsibilities previously carried out by the operations chief will be taken over by other executives, it said.

Hideyuki Sakamoto, executive vice president in charge of manufacturing and supply chain management, will be responsible for purchasing. Chief Financial Officer Stephen Ma will take over operations performance duties.

“In response to the constantly evolving market conditions, we will introduce a flatter and agile leadership structure, which will further empower regional and functional leadership,” Nissan CEO Makoto Uchida said in a statement.

Nissan said earlier this month Gupta would leave the Japanese automaker to pursue other opportunities, following an announcement he would not be reappointed to the board of directors at the end of his term. His last day at Nissan was Tuesday.

Japan’s No.3 automaker is investigating accusations that Uchida carried out surveillance of Gupta, Reuters has reported.

Nissan is in the midst of finalising the terms of a sweeping reset of its decades-old alliance with Renault SA.

Gupta had clashed with Uchida over Uchida’s desire to close the negotiations with Renault quickly, with Gupta urging more caution over terms of the deal, people with knowledge of the talks have told Reuters.


(Reporting by Satoshi Sugiyama; Editing by Muralikumar Anantharaman)


Continue Reading

Why pay for news and opinions when you can get them for free?

       Subscribe for free now!

By submitting this form, you are consenting to receive marketing emails from: . You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Posts