Nissan’s new boss wants to right previous wrongs
Makoto Uchida, Nissan’s new CEO, told reporters yesterday that he will place greater emphasis on trust and transparency in order to bring Nissan back to its former glory.
Uchida has taken over from Hiroto Saikawa, who stepped in after Carlos Ghosn was arrested over various financial misconduct charges. Shortly after, Saikawa was soon hit with his own legal problems and stepped down in September leaving Uchida to take the helm.
There are hopes that Uchida and his team will revive Nissan, but it will take time. The new CEO said that past management had made the mistake of fostering a corporate culture that encouraged the setting of unachievable goals, despite the company employing talented workers and engineers. He added that the alliance with Renault and Mitsubishi will remain strong, respecting each other as “equal partners.”
Analysts are hopeful of Uchida’s success leading Nissan, saying that Uchida is well-liked within the company and his experience with Renault and the Chinese market will pay off in the long run.
One problem facing the new Nissan team is product development, which apparently dates back to the Ghosn years. It will take some time to convince investors that things are changing, however some analysts predict that Nissan’s plans for the future could be revealed as early as May next year.