Home Business NewsBusinessAviation Nissan faces investigation by SEC over executive pay

Nissan faces investigation by SEC over executive pay

by LLB Reporter
28th Jan 19 10:16 am

According to Bloomberg, the US Securities and Exchange Commission (SEC) are to investigate Nissan over inaccuracies of executive pay.

The former chair of the company has been charged with financial misconduct, and Japanese prosecutors have charged the car manufacturer with falsifying financial documents.

A spokesperson for Nissan said, “I can confirm that we have received an inquiry from the SEC and are cooperating fully.

“We cannot provide further details.”

Following Ghosn’s resignation last week Jean-Dominque Senard has taken over as chairman, and Thierry Bollore is interim chief executive.

You may also like

Leave a Comment

CLOSE AD

Sign up to our daily news alerts