The embattled former Nissan chief, who could remain in a Tokyo jail for months, says his actions were approved by other executives and directors.
Tag: Executive Compensation
Carlos Ghosn, Ex-Nissan Chief, and Nissan Are Charged With Misstating His Pay
Prosecutors in Japan charged the company and its former chairman with violating financial laws by underreporting his compensation by tens of millions of dollars.
Carlos Ghosn Is Removed as Chairman of Mitsubishi Motors
The board of the Japanese automaker acted a week after Nissan accused Mr. Ghosn of financial misconduct and stripped him of his chairmanship.
Nissan’s Board Removes Carlos Ghosn as Chairman After His Arrest
The carmaker had found that Mr. Ghosn underreported his compensation to the Japanese government for several years. Its partner, the French automaker Renault, has been more cautious.
Who Is Carlos Ghosn and Why Is He in Trouble?
A titan of the auto industry, Mr. Ghosn was known for cost-cutting and performance-based compensation. His management of his own pay package may be his downfall.
Nissan’s Ghosn to Spend at Least 10 More Days in Custody
Though not charged with a crime, the powerful auto executive could stay in detention even longer under Japanese law, likely in spare conditions.