Nissan CEO Hiroto Saikawa has resigned, dealing a new blow to the Japanese carmaker as it struggles to recover from the ousting of Carlos Ghosn last November.

The post Nissan CEO Resigns After Admitting He Was Overpaid first appeared on CarSpiritPK and is written by UsmanAnsari.

Nissan was entangled in another scandal over executive pay on Thursday after its Chief Executive Hiroto Saikawa admitted to being overpaid in violation of internal procedures under a scheme designed by ousted Chairman Carlos Ghosn.

The post Nissan Chief Hiroto Saikawa Admits Receiving Improper Payments first appeared on CarSpiritPK and is written by UsmanAnsari.