In a shocking move that sent shockwaves through the automotive industry, Nissan's board of directors ousted former CEO Carlos Ghosn in November 2018, citing allegations of financial misconduct. However, a closer look at the circumstances surrounding his departure may reveal a more complex and potentially costly situation for the Japanese automaker. Ghosn's sudden removal from power, followed by his subsequent arrest and detention in Japan, has sparked concerns about the company's handling of the situation and the potential for costly lawsuits. As the investigation into Ghosn's alleged wrongdoing continues, Nissan's reputation and bottom line may be at stake.
Nissan Got Rid of Carlos Ghosn. The Way It Did So May Prove Costly. (Published 2019) The New York Times
