Post-Ghosn Nissan Announces Multiple Senior Management Changes and Global Restructuring Plans

Bessie LiuPeople on the Move
Stephen Ma

Stephen Ma, Nissan's current Chief Financial officer, will also assume responsibility for Investor Relations. Image Source: Nissan.

Japanese Automaker Nissan has announced multiple senior leadership changes, as it makes progress on global restructuring plans post the downfall of Carlos Ghosn, the company’s former Chairman.

Once a global car industry leader, Ghosn was arrested in Japan in late 2018 for suspicion of funnelling company funds for personal gain and underreporting his salary. In December 2019, Ghosn escaped Japan and made his way back to his childhood home in Beirut, becoming an international fugitive.

Since then, the company has reinvented itself, setting new targets in its “Nissan Next” plans, including cost-cutting, product investment and cultural transformation.

The automaker has also this week announced multiple changes to its leadership team. Most notably, Stephen Ma, the current Chief Financial officer, will also assume responsibility for Investor Relations, a responsibility previously held by Joji Tagawa, the SVP and Chief Sustainability Officer. Ma joined Nissan in 1996, an industry veteran. He has held positions in Japan, China and North America. Most recently, he served as the global controller for the company.

Another notable change in the company is Guillaume Cartier, the Vice-Chairperson and SVP of marketing and sales of the Africa, Middle East, India, Europe and Oceania (AMIEO) region, who has been named the Chairperson of AMIEO. He will report directly to Christian Vandenhende, the Vice-Chief Performance Officer and Chief Quality Officer. The 52-year-old executive has been in the automotive industry for over 25 years, most recently serving as Corporate Vice President Sales & Marketing of Mitsubishi Motors.

“A new period of sustainable growth is beginning for Nissan, as we continue to progress the Nissan NEXT transformation plan, accelerating our journey towards a fully electrified line-up in Europe by 2023, and bringing our enhanced product line-up to our growing loyal customer base in Africa, the Middle East, India and Oceania,” Cartier said in a press release.

All leadership changes will be effective on April 1st.

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