Tokyo - Nissan is not currently considering asking embattled CEO Hiroto Saikawa to resign, two people with knowledge of the matter told Reuters on Friday, a day after he admitted to being overpaid in violation of internal procedures.
An internal investigation found that Saikawa and other executives had received improper compensation, Reuters reported on Thursday, raising doubts about Saikawa's pledge to improve governance in the wake of former Chairman Carlos Ghosn's arrest last year for alleged financial misconduct.
"It's not going to happen. I don't think it will," one of the sources said when asked if Saikawa could resign to take responsibility for the alleged misconduct.
"There's no illegality," the source said, declining to be identified because the information has not been made public.
Nissan was not immediately available to comment.