Proxy advisers urge shareholders to vote against Nissan CEO reappointment

Nisan CEO Saikawa web.jpg — Nissan shareholders are being urged to block Saikawa's reappointment to ensure a "clean break" from the Ghosn era.

By:

LINDA SIEG and NAOMI TAJITSU

By:

Reuters

June 12, 2019 10:10 AM

TOKYO -- Two leading proxy advisory firms have urged Nissan Motor Co. shareholders to vote against the reappointment of CEO Hiroto Saikawa, heaping more pressure on embattled executive as he struggles to find accord with alliance partner Renault.

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