Nissan President explains Ghosn's arrest in a speech to all employees: Asahi Shimbun



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On November 26, the president of Nissan Motor Co. asked employees around the world to maintain their morale and keep their jobs, despite the turbulence caused by the arrest and dismissal of Carlos Ghosn as president.

In his almost hour-long speech, which was sent to all of the company's offices and factories, Hiroto Saikawa explained the events that led to the arrest of Brazil-born Ghosn.

The briefing began at 9:30 am This was the first time that Saikawa spoke directly to company employees about the fall of one of the most powerful leaders in the global auto industry. It was closed to journalists.

Saikawa apologized for the confusion caused by the arrest of Ghosn, 64, and Greg Kelly, 62, former director representative.

However, he did not specify the alleged acts of the couple, citing ongoing investigations by Tokyo prosecutors.

Ghosn and Kelly were arrested in Tokyo on November 19, suspected of conspiring to underestimate Ghosn's remuneration in financial reports.

A 40-year-old Nissan employee said he was inspired by Saikawa's speech.

"The president urged us not to lose heart (because of the upheaval) and said that he would review daily operations that put too much emphasis on numbers," he said. . "I felt his determination to use this as an opportunity to change the way Ghosn handled things."

Saikawa was quoted as saying that Nissan would seek to maintain its three-way alliance with Renault SA and Mitsubishi Motors Corp.

Nissan Group companies around the world employ approximately 139,000 people and the parent company in Japan has approximately 22,300 employees.

The charismatic Ghosn was highly admired for his management ability to reverse Nissan's fate during his 20-year tenure.

The purpose of Saikawa's speech was to gain the support of employees in Japan and around the world for the swift withdrawal of Ghosn as Chairman of Nissan's Board of Directors, which was approved at a extraordinary meeting of its board of directors held on November 22nd.

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