José Muñoz, a top Nissan executive, has resigned from the Japanese auto maker.

José Muñoz, a high Nissan govt, has resigned from the Japanese auto maker.


Rogelio V. Solis/Related Press

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govt and ally of Carlos Ghosn resigned Friday, the corporate stated, the primary shake-up on the Japanese auto maker for the reason that arrest of the previous chairman.

José Muñoz, who went on a go away of absence per week in the past, oversaw enterprise technique for Nissan’s seven regional and enterprise models and had direct oversight of the corporate’s China operations.

His future had been in query following the Nov. 19 arrest of Mr. Ghosn in Japan and criticism from present Nissan Chief Government Hiroto Saikawa, who had blamed the corporate’s current profitability struggles on its U.S. technique. Mr. Muñoz had been thought-about a possible successor to Mr. Saikawa.

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Mr. Muñoz, in an announcement posted on LinkedIn and confirmed by his spokesman, stated he would proceed to help Nissan in its investigation into alleged monetary misconduct involving Mr. Ghosn and colleague Greg Kelly. Messrs. Ghosn and Kelly have denied any wrongdoing.

“Sadly, Nissan is at present concerned in issues which have and can proceed to divert its focus,” Mr. Muñoz stated within the assertion. Mr. Muñoz wasn’t out there for instant remark, his spokesman stated.

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Nissan’s investigation into alleged monetary misdeeds by Mr. Ghosn has expanded since Mr. Ghosn’s ouster as chairman at a Nov. 22 board assembly. The group wanting into Mr. Ghosn’s actions has grown to incorporate over 100 folks world wide, in line with Nissan.

Mr. Ghosn, who was charged on Dec. 10 with failing to report his compensation precisely in Nissan’s monetary statements, has remained in a Tokyo jail since his arrest. Prosecutors on Friday hit Mr. Ghosn with recent prices of abusing his place on the auto maker for private acquire.

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Mr. Muñoz, a local of Spain, joined Nissan in 2004 and was named president of Nissan’s Mexico operations 5 years later. Taking up as chairman of Nissan’s North American operations in 2014, he led the automobile maker by way of sturdy development and file U.S. gross sales.

He was appointed to the position of chief efficiency officer in 2016. Mr. Muñoz stated in his assertion he would discover new alternatives and is wanting ahead to remaining part of the auto trade.

Write to Adrienne Roberts at [email protected]


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