Hacker News new | ask | show | jobs
by dynamite-ready 2362 days ago
Posting the share price at the end of your post is reasonable, sure. But to be fair to Ghosn, much of Nissan's success in the past 20 years can be attributed to him - https://www.bbc.co.uk/news/business-46321097

Doesn't excuse any alleged crimes, but I didn't think it was entirely fair to surmise his career at Nissan with a reference to today's share price. Despite all that's written about CEOs, salaries, and correlated efficacy...

1 comments

I checked other automakers’ stock prices and didn’t see anything like this Nissan dip since 2018. It seems likely he is to blame for the poor performance. Yes he may have been responsible for some of the company’s success but that doesn’t allow him to skim 100s of millions of dollars from the top. He was more than adequately compensated already.

Also it is hard to say how much he was responsible for Nissan’s turnaround. In reading his wiki I kept seeing things that I knew took lots of hard work from people below him yet it is always attributed to the CEO.