Nissan to Hold First Post-Ghosn Annual Shareholders' Meeting

The meeting focuses on reforming the governance structure to prevent individual dominance by introducing a three-committee system. This includes an audit, compensation, and nomination committee. The new structure has Renault's support, crucial for its approval. Nissan CEO Hiroto Saikawa faces personal stakes, with his position on the ballot and proxy advisors against him. Despite Renault's 43% voting stake, Saikawa may face tough questions from shareholders, especially regarding his role in the Carlos Ghosn scandal. Saikawa has accepted a 50% pay cut and may need to apologize at the meeting.

What is the primary goal of the proposed three-committee governance structure?

• To dilute the power of individuals

• To streamline decision-making processes

• To eliminate the need for a board

• To increase the power of the CEO

Which committees are part of the new governance structure?

• Audit, Compensation, and Nomination

• Finance, Marketing, and Sales

• Legal, Compliance, and Risk

• Operations, Human Resources, and IT

Why is Nissan CEO Hiroto Saikawa's position considered at risk?

• He has received a significant pay raise

• He has been promoted to a higher position

• Two proxy advisors have recommended against voting for him

• He is planning to retire soon

What significant stake does Renault hold in Nissan?

• 25%

• 43%

• 60%

• 50%

What action has Saikawa taken in response to the ongoing scandal?

• He has resigned from his position

• He has filed a lawsuit

• He has accepted a 50% pay cut

• He has been promoted