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Nissan CFO Set to Step Down
Nissan CFO Reportedly Out As Automaker Grapples With Crisis And Drastic Cuts
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.
Nissan CFO Stephen Ma to step down as crisis deepens – second top exec departure in 17 months
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 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. It is unclear whether Ma will leave the automaker or be demoted, the report said.
Nissan CFO Could Be About to Resign
Nissan CFO Stephen Ma could be about to step down, this as the Japanese automaker faces massive layoffs and declining revenues.
Nissan CFO Stephen Ma to step down as carmaker faces raft of challenges
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
Nissan CFO Stephen Ma To Step Down : Report
Chief Financial Officer Stephen Ma is set to step down. It is uncertain whether Ma will be demoted or leave the company entirely, as the move has not been officially announced. This change comes 17 months after Ashwani Gupta left his role as chief operating officer,
Nissan shares up after news that chief financial officer will step down
The stock gained as much as 1% in early morning trading, though the shares are still down almost 35% this year.
Nissan CFO Stephen Ma departs as car giant battles for survival
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.
Nissan CFO Set to Step Down as Carmaker Faces Raft of Challenges
Report: Nissan woes deepen with CFO exit
Citing a singificant reduction in income and profitability, the manufacturer said it will cut production capacity by 20 per cent and reduce its global workforce by 9000 employees. A statement released by the company said that “facing a severe situation,
cbtnews
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CFO Ma’s sudden departure complicates Nissan’s road to recovery
Nissan Motor Co.'s CFO, Stephen Ma, is stepping down, marking another challenge for the automaker as it navigates a turbulent ...
3d
Iconic car brand’s finance chief to ‘quit’ as firm left on ‘brink of collapse’ with ’12 months’ to survive
THE finance chief of a major car brand is reportedly set to step down just hours after it was reported that the firm was “on ...
autofinancenews
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Nissan eyes ‘financial stability’ as U.S. sales rise 13% YoY
Nissan Motor Co. is prioritizing profitable growth amid reports that Chief Financial Officer Stephen Ma is planning to step ...
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