Nissan CFO Set to Step Down

Nissan CFO Stephen Ma to step down, Bloomberg News reports
Nissan Motor's CFO Stephen Ma is set to step down, Bloomberg News reported on Saturday, citing people familiar with the matter, weeks after the Japanese automaker issued a profit warning and announced plans to cut thousands of jobs globally.
Nissan CFO Set to Step Down as Carmaker Faces Raft of Challenges
Nissan Motor Co. Chief Financial Officer Stephen Ma is set to step down from his position, people with knowledge of the matter said, marking yet another executive change at a challenging time for the Japanese carmaker.
Nissan CFO to step down as automaker confronts multiple challenges
Amid these challenges, Nissan has also revised its operating income forecast for the fiscal year ending in March. The company now expects an operating income of ¥150 billion ($1 billion), a staggering 70% drop from its previous estimate. This financial revision highlights the magnitude of the challenges currently facing the automaker.
Nissan CFO Stephen Ma set to step down as carmaker faces raft of challenges
Nissan has cut down jobs and production due to an outdated lineup, high spending on sales incentives, and a limited hybrid presence in North America. The Japanese automaker has revised its operating income forecast for the fiscal year ending March,
Nissan CFO Stephen Ma to step down amid restructuring- Bloomberg News
Nissan (OTC: NSANY) Motor Co. is facing a leadership change as Chief Financial Officer Stephen Ma is preparing to step down, according to Bloomberg News.
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