Mitsubishi Motors ousts Ghosn as chairman, days after Nissan firing

Ousted Nissan Chairman Carlos Ghosn. [Photo: Courtesy]

TOKYO- Mitsubishi Motors Corp said on Monday its board removed Carlos Ghosn from his role as chairman, following his arrest and ouster from alliance partner Nissan Motor Co last week for alleged financial misconduct.

Ghosn’s sacking in a unanimous board vote marks the end of his chairmanship of Japanese automakers, just two years after he was praised for bringing a steadying hand to Mitsubishi Motors following a cheating scandal in 2016. CEO Osamu Masuko will become temporary chairman, the automaker said.