(Reuters) -Nissan Motor’s CFO Stephen Ma is about to step down, Bloomberg Information reported on Saturday, citing individuals acquainted with the matter.
It’s unclear whether or not Ma will depart the automaker or be demoted, the report mentioned.
Nissan (OTC:) couldn’t be reached for remark exterior workplace hours.
Ma grew to become Nissan’s finance chief in 2019, changing Hiroshi Karube, weeks after it named the top of its China enterprise, Makoto Uchida, as its subsequent chief govt.
The Japanese automaker earlier this month issued a revenue warning and introduced plans to chop 9,000 jobs globally, hit significantly by weak gross sales in the US and China, its two largest markets.
Nissan’s world gross sales fell 3.8% to 1.59 million automobiles for the primary half of the monetary 12 months, largely because of a 14.3% drop in China.
