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Nissan Announces Management Changes


March 2005
 Filed under: NISSAN Car News | NISSAN Headlines
March 15, 2005 -- Tokyo -- Nissan Motor Co., Ltd., today announced management changes that become effective April 1.

“I have full confidence in our new team’s ability to successfully implement the next chapter of Nissan’s profitable growth, NISSAN Value-Up,” said Nissan president and CEO Carlos Ghosn.
Major Changes in Senior Vice President Responsibilities:

Kazuhiko Toida, currently responsible for global aftersales, will become head of marketing and sales for Japan. He will also become chairman of Nissan’s dealer management committee.

Kimiyasu Nakamura will be in charge of all vehicle design engineering.

New Senior Vice Presidents:

In addition, Junichi Endo, Hitoshi Kawaguchi, Minoru Shinohara and Yo Usuba will all be appointed senior vice presidents as of April 1. Endo, currently president of Autech Japan, will be responsible for Nissan’s global aftersales division, as well as the company’s conversion business. Kawaguchi, currently president of Nissan Financial Services, will take over responsibility for Nissan’s human resources department. Shinohara, in charge of Nissan Research Center, will become head of Nissan’s advanced vehicle engineering division. Usuba, general manager of Nissan’s powertrain project planning department, will become responsible for the powertrain engineering division.

New Vice Presidents:

Seven new vice presidents will be appointed as of April 1 (see attached document for complete list).

Other Notable Management Changes:

Nobuo Okubo, currently executive vice president, will become chief technology officer from April 1. Norio Matsumura, who will retire on March 31, will become president of Nissan Prince Osaka. Patrick Pelata, who will return to Renault after March 31, will be proposed as a non-executive director of Nissan at the company’s shareholders’ meeting in June.

Senior vice presidents Shuji Yamagata, Shigeo Ishida and Kuniyuki Watanabe, as well as vice presidents Akira Koyama and Bernard Long, will retire effective March 31. Yamagata will be proposed as executive vice president of Calsonic Kansei Corp., Ishida will be proposed as president of JATCO Ltd. and Watanabe will be proposed as vice president of Kasai Kogyo Co., Ltd., at their respective company’s shareholder meetings. Koyama will be proposed as executive officer of VANTEC Corp. Long will return to Renault.

New Auditors:
Nissan will appoint Hisayoshi Kojima, currently president of JATCO, as a new auditor, pending approval by Nissan’s shareholders in June.

Retiring Auditors:
Auditors Hiroshi Moriyama and Hiroyasu Kan will retire in June.

Following the changes, the total number of Nissan corporate officers, including vice presidents, is now 44, compared to 42 in 2004.

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