Who's in charge at Nissan? COO's allies push to give him shared CEO role, say sources

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Who's in charge at Nissan? COO's allies push to give him shared CEO role, say sources
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Nissan's chief operating officer Ashwani Gupta helped engineer the troubled carmaker's latest turnaround plan. Now his allies are pressing the board to promote him to co-CEO to drive the new strategy, said four people with direct knowledge.

"The Nissan plan is a restructuring plan, no matter how you slice it," said Tokyo-based SBI Securities analyst Koji Endo."But Uchida fell short of clearly defining this as a restructuring plan. I think it would've served him better if Uchida had said honestly what this is, in order to instil the urgency of the plan and to stress people need to scramble."Gupta is already taking on much of the leadership of Nissan, said the four people with direct knowledge.

"He's doing all the heavy lifting in formulating the plan, and we are not getting any guidance from Uchida," said the manager. Nissan's recovery plan draws on ideas previously employed by Gupta to reinvigorate the commercial vehicle businesses of Renault and Nissan. After joining Renault in India in 2006, Gupta became vice-president in charge of Renault's global commercial vehicle business, a job he held until April 2019, when he was named COO of Mitsubishi.

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