Carlos Gohsn is not leaving Nissan anytime soon

Yesterday, Nissan had hinted that Carlos Ghosn – their long serving CEO who brought the carmaker out of bankruptcy and made it one of the largest automobile producers in the world – could retire before the next mid-term plan begins for Nissan in the next five years. However, Mr Ghosn told Reuters that stepping down in five years isn’t the plan or point of focus for him right now. 

Since Nissan’s current five-year plan runs until March 2017, Ghosn could be up for an election for another two-year term when his mandate as the member of the board goes up for renewal in June 2013. Nissan on the other hand is said to be preparing for his possible departure and find a successor within the ranks who can take the company forward. Mr Ghosn, who is Brazilian-born Frenchman, has repeatedly voiced his wish that he would prefer a Japanese national to lead Nissan when the time comes for him to resign.