The rumors were true–Nissan's CEO Makoto Uchida is stepping down. Ivan Espinosa, currently the chief planning officer, will take the reigns of the troubled Japanese automaker. The change in leadership was decided today during a board of directors meeting and will come into effect on April 1. Additional management changes are planned to "achieve the company's short- and mid-term objectives while positioning it for long-term growth." —Adrian Padeanu, News Editor |