Nissan said Chief Operating Officer Ashwani Gupta will step down from his position effective June 27, when his term on the board ends at the Japanese carmaker¡¯s annual meeting of shareholders.
The announcement on Friday comes after the company said last month that Gupta, who took charge as COO in December 2019, won¡¯t be reappointed to its board. Nissan fell short of giving details on Gupta¡¯s departure, saying he will leave to pursue other opportunities.
Calling Gupta¡¯s departure a result of internal clash, the Financial Times reported this week that he agreed to step down after Motoo Nagai, an outside director who heads Nissan¡¯s audit committee, presented him with multiple internal complaints, one of which was almost a year old. Two Nissan executives claimed Gupta was ¡°framed,¡± but other people familiar with the situation said the committee promptly acted on the complaints when they were formally submitted through an internal hotline, according to the newspaper.
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