Nissan Motors is preparing to appoint a new Chief Executive Officer, a move reportedly driven by the company's persistent performance declines and the collapse of merger discussions with Honda Motors. According to unnamed insiders, Nissan's board is actively evaluating potential successors to Makoto Uchida, who has served as CEO since late 2019. The sources requested anonymity due to the confidentiality of the matter. Uchida, who has been with Nissan for 22 years, has overseen a challenging period for the automaker. Nissan has declined to offer any comment on the news.