Top Nissan Executive José Muñoz Resigns

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Top Nissan Executive José Muñoz Resigns

Top Nissan Executive José Muñoz Resigns

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José Muñoz, a most sensible Nissan government, has resigned from the Japanese auto maker.


Photo:

Rogelio V. Solis/Associated Press

A most sensible

Nissan Motor
Co.


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government and best friend of Carlos Ghosn resigned Friday, the corporate stated, the primary shake-up on the Japanese auto maker because the arrest of the previous chairman.

José Muñoz, who went on a depart of absence every week in the past, oversaw trade technique for Nissan’s seven regional and trade devices and had direct oversight of the corporate’s China operations.

His long run have been in query following the Nov. 19 arrest of Mr. Ghosn in Japan and grievance from present Nissan Chief Executive Hiroto Saikawa, who had blamed the corporate’s contemporary profitability struggles on its U.S. technique. Mr. Muñoz have been thought to be a possible successor to Mr. Saikawa.

Mr. Muñoz, in a observation posted on LinkedIn and showed via his spokesman, stated he would proceed to help Nissan in its investigation into alleged monetary misconduct involving Mr. Ghosn and colleague Greg Kelly. Messrs. Ghosn and Kelly have denied any wrongdoing.

“Unfortunately, Nissan is currently involved in matters that have and will continue to divert its focus,” Mr. Muñoz stated within the observation. Mr. Muñoz wasn’t to be had for instant remark, his spokesman stated.

Nissan’s investigation into alleged monetary misdeeds via Mr. Ghosn has expanded since Mr. Ghosn’s ouster as chairman at a Nov. 22 board assembly. The group having a look into Mr. Ghosn’s movements has grown to incorporate over 100 other folks world wide, consistent with Nissan.

Mr. Ghosn, who was once charged on Dec. 10 with failing to record his repayment as it should be in Nissan’s monetary statements, has remained in a Tokyo prison since his arrest. Prosecutors on Friday hit Mr. Ghosn with recent fees of abusing his place on the auto maker for private achieve.

Mr. Muñoz, a local of Spain, joined Nissan in 2004 and was once named president of Nissan’s Mexico operations 5 years later. Taking over as chairman of Nissan’s North American operations in 2014, he led the auto maker thru powerful expansion and report U.S. gross sales.

He was once appointed to the function of leader efficiency officer in 2016. Mr. Muñoz stated in his observation he would discover new alternatives and is having a look ahead to closing part of the automobile trade.

Write to Adrienne Roberts at [email protected]

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