Nissan’s new CEO Makoto Uchida doesn’t have time to work his way into the job. He is effectively on probation and has a matter of months to show he can revive the ailing automaker, according to Reuters sources. The new boss must prove to the board he can accelerate cost-cutting and rebuild profits at the 86-year-old Japanese giant, and that he has the right strategy to repair its partnership with France’s Renault, the sources told Reuters.
Reuters reveals how clock’s ticking for Nissan boss Uchida to show he has a plan
16 February 2020, 12:00 am 1 minute
Article Tags
Type: Reuters Best
Sectors: Equities
Regions: Asia
Win Types: Speed
Story Types: Spot News