Need to stabilize Nissan and prepare it for future generations - CEO

Nissan Motor Co Ltd Chief Executive Hiroto Saikawa began an extraordinary shareholders' meeting on Monday by apologising for the scandal involving ousted boss Carlos Ghosn and said the issue could not be fixed overnight. Saikawa told shareholders he first needed to stabilise the company and prepare it for future generations, and then pass the baton. The shareholders' meeting was called to formally remove ex-chairman Ghosn from the company following his arrest in Japan over financial misconduct charges.