Top executive Munoz resigns from Nissan

|About: Nissan Motor Co., Ltd. ADR (NSANY)|By:, SA News Editor

Previously taking a leave of absence, top Nissan (OTCPK:NSANY) executive José Muñoz has now resigned, marking the first official shakeup at the Japanese automaker since the arrest of former Chairman Carlos Ghosn.

Munoz, widely considered as a close ally of Ghosn and a possible successor to lead the automaking partnership between Nissan and France's Renault (OTCPK:RNLSY), had been a "person of interest" in Nissan's widening internal investigation.

New reports also suggest Ghosn received $8M through a Dutch entity, earlier than top directors were supposed to be receive bonuses.

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