All 9 Nissan directors vote to fire Chairman Ghosn after arrest
Japanese automaker Nissan's nine-member board voted unanimously to remove Carlos Ghosn as Chairman after he was arrested on suspicion of financial misconduct on Monday. An internal investigation revealed that Ghosn understated his compensation over 5 years, and used company assets for his personal use. Nissan added that its alliance with Renault, where Ghosn is Chairman and CEO, remains unchanged.