Carlos Ghosn and Nissan: Another CEO with too much power is about to lose it all
As of Sunday, Carlos Ghosn reigned as one of the most powerful executives in the global auto industry. As of Monday morning, his entire legacy was in doubt.
Ghosn is chairman and past CEO of Japan's Nissan Motor Co., chairman and chief executive of France's Renault, chairman of Mitsubishi Motors, and chairman of the alliance among the automakers that he cobbled together in a world-spanning rescue plan for all three.
Nissan announced Monday that Ghosn had been arrested in Tokyo, along with another board member, for alleged financial misconduct and "numerous other significant acts of misconduct" and would be promptly forced out
