If he leaves he’ll be the second major executive from Nissan to depart in less than two years. Times are extremely tough at Nissan these days. CEO Makoto Uchida recently declared that the company is in “emergency mode.

As Nissan digs deep to resolve a financial crisis – one that an unnamed senior official said left it with only “12 or 14 months to survive” – it is losing a key person that

Nissan Motor's CFO Stephen Ma is set to step down, Bloomberg News reported on Saturday, citing people familiar with the matter. It is unclear whether Ma will leave the automaker or be demoted, the report said.

Nissan CFO Stephen Ma could be about to step down, this as the Japanese automaker faces massive layoffs and declining revenues.

Ma joined Nissan in 1996 in North America and worked in financial roles in China and Japan before being promoted to CFO in December of 2019

Reports of Nissan’s CFO leaving follow the departure of chief operating officer Ashwani Gupta in 2023 and the sensational arrest for former chief executive Carlos Ghosn in 2018. Several carmakers are struggling to cope with a shift toward electric cars, increased competition and weak demand from customers.

The stock gained as much as 1% in early morning trading, though the shares are still down almost 35% this year.

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.

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.

Financial Officer Stephen Ma is set to resign, Bloomberg reported Saturday, citing people familiar with the matter.  According to the report, it wasn’t clear if May would be demoted or leave the auto maker.