Fortune· 1h ago· 1 min read
Nissan was desperate. Merger talks with Honda had fallen apart. The company was in the worst crisis of its nine-decade history, and the board needed someone to lead it out.
Its choice: Ivan Espinosa , just 46, and not Japanese—unusual in a country where corporate leadership has long been considered a job for a Japanese national. Espinosa remembers being shocked by the request.
The CEO jokes that he was “born in Nissan.” He was, in fact, born in Mexico, where he started with the company as a product engineer in 2003. After roles in Southeast Asia, Europe, and Latin America, he moved to Japan in 2016 and became Nissan's chief planning officer in 2024, exposing him to all the ways the company failed to right the ship. “I knew what had to be done,” Espinosa told Fortune earlier this year. “It was obvious you had to resize the company.”
Nissan's turnaround is about more than just whether…
Continue reading at FortuneDiscussion
Be the first to comment.
Never miss a headline
Get breaking Nigerian and world news straight to your inbox.
Related Articles
Even 'The Odyssey' and 'Spider-Man' can't save Hollywood
19m ago
Read MoreGiatec expands MixPilot system to Heidelberg Materials UK fleet
20m ago
Read More
Actor Orlando Bloom tries again to sell Malibu beach house — now for $10 million
21m ago
Read More
Nasdaq futures drop on AI chip worries ahead of pivotal earnings
22m ago
Read More
Security firm linked to ICE crackdown in US reports UK revenue slump after asylum centre contract ends
22m ago
Read MoreAmazon overhauls its AI strategy, winding down most flagship models
22m ago
Read MoreLatest in Business
Staffline H1 2026 slides: operating profit surges 58% on margin gains
Investing.com · 23m ago
Earnings call transcript: Bodycote posts H1 2026 EPS beat, shares edge higher
Investing.com · 23m ago
Earnings call transcript: Lottomatica posts strong Q2 2026 growth, stock flat
Investing.com · 25m ago
SIG Group jumps 7% after Q2 EBIT tops estimates, keeps outlook
Investing.com · 25m ago
Earnings call transcript: Croda International H1 2024 results meet expectations
Investing.com · 26m ago
Inchcape H1 2026 slides: revenue up 9%, APAC drags margins
Investing.com · 26m ago
Supreme Court approval hits record low as Republicans' support declines
CNBC · 1h ago
Canal+ H1 2026 slides: MultiChoice synergies lift profit 68%
Investing.com · 36m ago
Most Read Today
FIFA president under fire after letter to Argentina FA leaked
Vanguard · 2d ago
Barcelona rejected chance to sign Real Madrid’s €100 million-rated attacking target this summer
Yahoo Sports · 3d ago
Troops rescue two kidnap victims in Taraba
Peoples Gazette · 1d ago
Rory McIlroy Comments On Bryson DeChambeau As Performative At The Open
Forbes · 9d ago
FG, Arzikin Noma collaborate to boost Nigeria’s grain output to 25m tonnes
BusinessDay · 9d ago
‘Black Panther 3’: David Jonsson to Star as T’Challa’s Son, Sequel Set for 2028
Hollywood Reporter · 2d ago
Why women should not marry in their 20s — Toke Makinwa
Nigerian Tribune · 5d ago
LeBron James officially joins 76ers on two-year contract | Report
Yahoo Sports · 1d ago