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Nissan CFO Set to Step Down
Nissan CFO Set to Step Down as Carmaker Faces Raft of Challenges
Nissan Motor Co. Chief Financial Officer Stephen Ma is set to step down from his position, people with knowledge of the matter said, marking yet another executive change at a challenging time for the Japanese carmaker.
Nissan CFO Stephen Ma to step down, Bloomberg News reports
Nissan Motor's CFO Stephen Ma is set to step down, Bloomberg News reported on Saturday, citing people familiar with the matter, weeks after the Japanese automaker issued a profit warning and announced plans to cut thousands of jobs globally.
Nissan finance chief Stephen Ma set to resign: report
Financial Officer Stephen Ma is set to resign, Bloomberg reported Saturday, citing people familiar with the matter. According to the report, it wasn’t clear if May would be demoted or leave the auto maker.
Nissan shares up after news that chief financial officer will step down
The stock gained as much as 1% in early morning trading, though the shares are still down almost 35% this year.
Nissan CFO Stephen Ma To Step Down : Report
Chief Financial Officer Stephen Ma is set to step down. It is uncertain whether Ma will be demoted or leave the company entirely, as the move has not been officially announced. This change comes 17 months after Ashwani Gupta left his role as chief operating officer,
Nissan CFO to step down as automaker confronts multiple challenges
Amid these challenges, Nissan has also revised its operating income forecast for the fiscal year ending in March. The company now expects an operating income of ¥150 billion ($1 billion), a staggering 70% drop from its previous estimate. This financial revision highlights the magnitude of the challenges currently facing the automaker.
Nissan CFO Stephen Ma to step down amid restructuring plans following profit warning, Bloomberg reports
Nissan Motor’s CFO Stephen Ma is set to step down, Bloomberg News reported on Saturday, citing people familiar with the matter, weeks after the
Nissan CFO Stephen Ma set to step down as carmaker faces raft of challenges
Nissan has cut down jobs and production due to an outdated lineup, high spending on sales incentives, and a limited hybrid presence in North America. The Japanese automaker has revised its operating income forecast for the fiscal year ending March,
Nissan CFO Stephen Ma to step down amid restructuring- Bloomberg News
Motor Co. is facing a leadership change as Chief Financial Officer Stephen Ma is preparing to step down, according to Bloomberg News. This development comes shortly after the Japanese automaker issued a profit warning and announced a major global restructuring plan,
Nissan finance chief to step down as company’s troubles worsen – report
Nissan's finance chief is reportedly heading for the exit as the Japanese carmaker battles with a worsening financial situation.
2h
Major car manufacturer 'on brink of collapse' as finance chief 'set to quit'
It comes as Nissan is said to be looking for new investment to help it survive long-term, with reports suggesting Renault is ...
20h
Nissan on 'Brink of Collapse' with Finance Boss Set to Quit as Japanese Car Giant Hits the Panic Button with Just '12 Months to Survive'
Nissan faces the risk of accumulating its highest-ever debt by 2026, which could amount to as much as $5.6 billion, according ...
Business Times
5h
Nissan stock performs worst in five decades under current CEO
MAKOTO Uchida’s five-year anniversary as president and chief executive officer of Nissan Motor is little cause for ...
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