• Nissan ex-CEO tells Japanese court Ghosn's pay was too low

    3 days ago - By Chron

    TOKYO - Former Nissan Chief Executive Hiroto Saikawa told a Japanese court Wednesday he believed the compensation for his predecessor Carlos Ghosn was too low “by international standards,” and so he supported Ghosn's retirement packages to prevent him from leaving.
    “Mr. Ghosn had outstanding abilities and achievements,” Saikawa said, testifying in Tokyo District Court in the criminal trial of Greg Kelly, a former senior executive at Nissan Motor Co.
    “We needed to prepare for Mr. Ghosn's eventual retirement to keep him motivated and to have him continue to work for Nissan,” he said in...
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