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Nissan shakes up North American management

  • The new chairman of Nissan (NSANY -0.7%) in North America, Jose Munoz, is wasting no time shaking things up, with ex-Chrysler exec Fred Diaz promoted to head of U.S. sales and marketing, along with 12 other executive changes.
  • The shuffle may have come more because of changes at the very top at Nissan than because of performance issues, with Nissan's U.S. sales up 9.1% on the year (vs. the overall industry's 8.4% gain) and up 14.2% Y/Y in Oct.
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