financetom
Business
financetom
/
Business
/
Nissan to announce streamlining of executive line-up on March 12, sources say
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Nissan to announce streamlining of executive line-up on March 12, sources say
Feb 26, 2025 10:19 PM

TOKYO, Feb 27 (Reuters) - Nissan Motor ( NSANF ) is

expected to announce a planned streamlining of its executive

line-up on March 12, according to three people familiar with the

matter.

The struggling Japanese automaker is not currently expected

to announce the resignation of Chief Executive Office Makoto

Uchida as part of that reshuffle of its executive line-up, the

people said. All three people declined to be identified because

the information has not been made public.

(Reporting by Norihiko Shirouzu, Daniel Leussink and Maki

Shiraki; Editing by David Dolan and Muralikumar Anantharaman)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Adobe Launching New AI Products to Create Videos, Images
Adobe Launching New AI Products to Create Videos, Images
Feb 12, 2025
09:48 AM EST, 02/12/2025 (MT Newswires) -- Adobe (ADBE) said Wednesday that it has launched its new Firefly app, which allows clients to generate videos and images using artificial intelligence technology. The company said it has introduced two offerings: the Firefly Standard plan, which starts at $9.99 and provides users with 2,000 video/audio credits per month and up to 20...
Spirit Says Focusing on Reorganization After Failing to Agree on Frontier Bid
Spirit Says Focusing on Reorganization After Failing to Agree on Frontier Bid
Feb 12, 2025
09:48 AM EST, 02/12/2025 (MT Newswires) -- Spirit Airlines said Tuesday that it will focus on its current reorganization plan after failing to agree on new takeover proposal from discount airline rival Frontier Group ( ULCC ) . Under the most recent bid, Frontier offered Spirit shareholders $400 million in debt and a 19% equity stake in Frontier Group (...
First Quantum says it will not rush into sale of Zambian copper mines stake
First Quantum says it will not rush into sale of Zambian copper mines stake
Feb 12, 2025
JOHANNESBURG, Feb 12 (Reuters) - First Quantum Minerals ( FQVLF ) will not rush into a deal to sell a minority stake in its Zambian copper mines, CFO Ryan MacWilliam told analysts on Wednesday after the miner's fourth-quarter results. The Canadian miner wants to secure a long-term partner at its Zambian mines and there are no specific timelines for the...
Federal Signal Closes Acquisition of Hog Technologies
Federal Signal Closes Acquisition of Hog Technologies
Feb 12, 2025
09:38 AM EST, 02/12/2025 (MT Newswires) -- Federal Signal ( FSS ) said Wednesday that it has completed the acquisition of Waterblasting, the owner of Hog Technologies, a manufacturer of truck-mounted road-marking, line-removal and waterblasting equipment, for an initial price of $78.1 million. The deal is subject to customary working capital and debt-like adjustments, as well as earn-out provisions that...
Copyright 2023-2026 - www.financetom.com All Rights Reserved