Nissan's Ghosn Asked To Quit By Share Holders

They're making a mistake...

Wasn't this guy knighted by the Queen? You can't fire a knight!

I guess you can if you don't think he is making you enough money.

Ths sun also sets! It's about freaking time he quits!

I don't think they build bad cars at all. The Altima is certainly a more sporting alternative to the boring Camry. A 350Z is a nice sports car and great value for the money. I don't love the new sentra.Ghosn saved Nissan's ass. The shareholders out to give him some more time.

The Sentra and Maxima are the only duds in their lineup. Maxima, because it has no market, and if it does, it's being killed by the Avalon. Sentra, because it looks like they put the Maxima in a trash compactor.

I agree, it's gotten old. They don't really know what to do next, it seems.

From the perspective of the shareholders I can imagine why they are concerned with a earnings report posting figures that are below expectation but asking the figure-head who has brought profit to quit is rather hasty. The fact Carlos Ghosn has brought success to a fledging manufacturer is quite notable yet I wonder how many more times will he be able to rescuffle management and lay off workers(1,150 recently and 1,500 voluntarily retiring/leaving). If the figures are true, that is a total 2,650 ex-Nissan employees. How many more individuals can Ghosn eliminate? That does not sound like a long term solution for long-term success.

Typical of greedy shareholders. They'll get rid of him and the company will go under and they'll lose much more money and probably beg him to come back at 2 to 3 times his current salary.


Hey GM or Cryhsler get off your butts and grab Ghosn.

French bosses have biggest salaries
July 28, 2007

HALF of the top 20 highest-paid corporate executives in Europe last year were running French companies, a survey has found, and despite headlines about fat cat pay among British bosses, just two were from Britain.

The region's highest-paid boss was Carlos Ghosn, chief executive of Renault, according to research by Board-Ex published in US magazine Fortune. He took home $US45.5 million ($52 million) last year thanks to a mammoth $US43 million worth of share options.

The pay packet of Mr Ghosn, who was born in Brazil but grew up in France, was seven times higher than in the previous year. The figure does not include the cash he receives as boss of Nissan. Renault bought a controlling stake in Nissan eight years ago, with Mr Ghosn becoming the first foreigner to take charge of a major Japanese company.

In second spot last year was Paris-born Jean-Paul Agon, chief executive of L'Oreal. Mr Agon was paid $19.3 million. Alessandro Profumo, chief executive of Italian bank UniCredit, was third with $US18.1 million.

Arun Sarin, chief executive of Vodafone, came fourth, collecting $US15.2 million. The only other British boss in the top 20 last year was Fred Goodwin of the Royal Bank of Scotland. He came in at number 16 with a pay package of $US7.8 million.

The survey, which looked at Fortune Global 500 companies, did not take account of long-term incentive plans widely used in Britain.

Guardian News & Media