Nissan demotes former chairman Ghosn's aide Nada

Reuters

Published Oct 09, 2019 09:24AM ET

Nissan demotes former chairman Ghosn's aide Nada

(Reuters) - Nissan Motor Co Ltd (T:7201) demoted senior vice president Hari Nada, a key whistleblower against former Chairman Carlos Ghosn, after an internal investigation found no evidence against the executive.

The news comes a day after Japan's second-largest automaker named Senior Vice President Makoto Uchida as its next chief executive, picking an outsider who joined mid-career.

The company said the action was to enable Nada to focus on important tasks including the forthcoming legal action.

Nada, who was under pressure to leave the company following the pay scandal involving Ghosn, was named senior adviser overseeing special projects. He will report to acting Chief Executive Officer Yasuhiro Yamauchi.