FX.co ★ Nissan CFO Stephen Ma To Step Down : Report

Nissan Motors Co. Ltd., a prominent Japanese automotive manufacturer, is poised for a leadership change as Chief Financial Officer Stephen Ma prepares to step down. The specifics of his departure, including whether he will assume a different role or exit the company entirely, remain unconfirmed as no official announcement has been made. This development follows the departure of Ashwani Gupta, who vacated his position as Chief Operating Officer 17 months ago, according to reports from Bloomberg citing individuals familiar with the situation.

In a recent disclosure, Nissan Motors announced that approximately 6 percent of its workforce in the United States—nearly 1,000 of its 17,000 employees—have opted for early retirement packages and will be leaving by the year's end. Reports indicate that these actions are part of a broader strategy by the company, which may see a reduction of around 9,000 employees globally.