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Nissan exec in command of turnaround departs after two weeks on the job

The person in command of main Nissan’s turnaround left his job after simply two weeks.

When somebody takes a job after which completely bails on it two weeks later, it may imply at the very least one of some issues. If the job includes delivering pizzas or working a money register, then it possible signifies that stated worker is a lazy teen. If that job is one thing extra concerned, like say, Vice-Chief Working Officer for a big Japanese carmaker, then it says one thing else solely.

Sadly for Nissan, it is going via the latter of these two eventualities proper now as Jun Seki — a person who was to be instrumental within the troubled firm’s turnaround — introduced his departure from Nissan for Nidec, based on a report revealed Tuesday by Reuters.

He is been with Nissan for 30 years, so why would he go away now? Nicely, even on the floor, Nissan has an extended and difficult highway forward of it after years of declining income and a stagnating product line that it is working feverishly to revamp. Add in the sizable poop sandwich left by each Carlos Ghosn and Hiroto Saikawa, and we are able to see why Seki would search greener pastures.

Nonetheless, when requested throughout a current interview, he gave completely different causes for his departure: “I like Nissan and I really feel unhealthy about leaving the turnaround work unfinished, however I’m 58 years previous, and that is a suggestion I couldn’t refuse. It is in all probability my final probability to guide an organization too.”

So what precisely does Nidec do? It is a provider to the automotive business in addition to the electronics and equipment industries. Notably, Nidec has just about locked up the market on the itty-bitty electrical motors that spin the platters inside conventional exhausting drives.

The place will this go away Nissan? Nicely, that is a superb query that Nissan’s board might be feverishly asking itself proper now.

Nissan did not instantly reply to Roadshow’s request for remark.

Saqib Malik

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