Nissan shareholders vote out influential director at meeting (opens original article in a new tab)

Nissan shareholders voted against reappointing Motoo Nagai, an influential director, following Renault's loss of support and concerns over his independence.

• Nissan shareholders rejected Motoo Nagai's reappointment to the board
• Renault's influence over Nissan has diminished since 2023, but it still holds 15% voting rights
• New director Junichi Shinbo, also a former Mizuho banker, was voted in despite concerns about independence