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Carlos Ghosn, the legendary chief executive who rescued Nissan Motor Corp, on Wednesday refused to resign and defended his record after net profits slipped for the first time under him.

"As long as I have the shareholders' trust and the employees' trust, I will remain," Ghosn said after a sometimes hostile shareholders conference here.

The globetrotting Ghosn was parachuted into Nissan in 1999 as the first foreigner to head a major Japanese company, winning over a loyal fan base by turning the firm from bankruptcy to high profits.



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Nissan's Ghosn Asked To Quit By Share Holders

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