Nissan’s Corporate Governance Needs to Be Overhauled, Committee Says

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Nissan’s Corporate Governance Needs to Be Overhauled, Committee Says
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A special committee set up by Nissan to improve corporate governance says former Chairman Carlos Ghosn wielded too much power

YOKOHAMA, Japan—Nissan Motor Co. needs to overhaul its corporate governance structure to curtail the power of its most senior executives, a committee of advisers appointed by the car maker said Wednesday.

The Special Committee for Improving Governance was set up in December by Nissan, in the wake of then-chairman Carlos Ghosn’s arrest for alleged financial misconduct.

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