BEIRUT ¨C Former Nissan Chairman Carlos Ghosn said calls by some shareholders for his return reflected deep anger over years of failed turnaround plans, accusing the automaker¡¯s leadership of squandering value and losing direction since his 2018 ouster.
In an interview, Ghosn said investors had ¡°had enough¡± after three chief executives failed to revive the company. At Nissan¡¯s annual meeting on ?Tuesday, CEO Ivan Espinosa faced shareholder anger and a proposal from at least one investor to bring back the fugitive ?executive ¡ª an ?effort that failed as shareholders overwhelmingly backed the board.
¡°It¡¯s a reaction with plenty of common ?sense,¡± Ghosn said. ¡°You can feel the anger and the frustration of the shareholders.¡±
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