Nissan CEO Makoto Uchida will step down from his position on April 1, with current Chief Planning Officer Ivan Espinosa set to take up the role. Espinosa will be Nissan's fourth CEO in eight years. The leadership shakeup comes less than a month after Nissan and Honda terminated merger talks.

Nissan CEO Makoto Uchida is set to step down from his position on April 1, 2025, following a tumultuous period. Ivan Espinosa—who currently serves as the Chief Planning Officer—will take the chief executive post.

Nissan has announced changes to its senior management, including the departure of CEO Makoto Uchida. The company said it is introducing a significantly ‘renewed leadership line-up to achieve the company's short- and mid-term objectives while positioning it for long-term growth’.