Nissan Shareholders Reject Re-election of Director Who Backed Honda Merger
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Author:小编   

On June 23, during Nissan's annual shareholders' meeting, the proposal to re-elect external director Motoo Nagai was voted down, as he did not receive the necessary majority of over 50% of affirmative votes. In contrast, the other 11 board members were re-elected without issue. Nagai had been a vocal advocate for a potential merger between Nissan and Honda—a stance that prompted Renault, a major stakeholder, to abstain from voting on his continued tenure as a director.