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Nissan plans to appoint CEO Ghosn as Mitsubishi Motors chairman

October 19, 2016 8:27 AM
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TOKYO Oct 19 Nissan Motor Co Ltd plans to appoint Chief Executive Carlos Ghosn as chairman of Mitsubishi Motors Corp when Nissan takes a controlling stake in the smaller automaker struggling to recover from a mileage scandal, two people with knowledge of the situation told Reuters on Wednesday.

The Japanese automakers have yet to decide who will become president of the company, said one person with direct knowledge of the matter and another person who has been briefed on the matter. Both declined to be identified because the matter has not been officially announced.

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