Posted on

How a High-Ranking Nissan Executive Escaped His Own Trap


The matter weighed on him. In 2010, Mr. Kelly instructed Mr. Nada to begin the first of a series of secret plans intended to increase Mr. Ghosn’s benefits and compensation, according to court testimony and internal Nissan documents.Executive compensation was a perilous political issue in France, Mr. Nada testified earlier this month, and if Mr. Ghosn’s true compensation were revealed, the French government — as a major Renault shareholder — would have pushed the company to fire him.Mr. Nada, 56, had joined Nissan as a junior legal counsel in 1990 and was fiercely loyal to the company. He began his career …

Read More