Nissan's chief executive steps down, and an insider with Mexico experience gets tapped for the job [Globe and Mail, The (Toronto, Canada)]
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Source: Globe and Mail, The
Nissan Motor Corp. said in a statement Tuesday that Ivan Espinosa, who is now the company's chief planning officer, will take Uchida's place, effective April 1. Nissan stock edged up slightly at the opening but soon slipped about 1% in early Wednesday trading in Tokyo, highlighting investors' skepticism over what was announced late the previous day. Espinosa, who joined Nissan in 2003, has spent much of his Nissan career in Mexico and Southeast Asia, overseeing product planning including the drive toward electric vehicles, meaning he's an insider perhaps less willing to take drastic action. “I sincerely believe that Nissan has so much more potential than what we're seeing today,” Espinosa told reporters, while stressing that he needs time to come up with details for a turnaround. He stressed his love for Nissan, noting he has developed a deep understanding of what makes the company unique and valuable. Nissan said the company leadership needed to be “renewed” to achieve lon
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- 12/16/25 - Form 6-K
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- 11/7/25 - Form 6-K
- HMC's page on the SEC website