Nissan Motor CEO Hiroto Saikawa has decided to step down days after admitting he received improperly inflated compensation, Nikkei learned on Sunday.
The Japanese automaker was close to wrapping up its internal investigation into similar allegations against former Chairman Carlos Ghosn when it was revealed that Saikawa himself had issues over improper remuneration. Facing mounting criticism, Saikawa -- who has struggled to boost Nissan's performance -- decided it was time to step down.
