Good morning, PR pros:
Nissan still hasn’t found the bottom of its leadership crisis: CEO Hiroto Saikawa resigned Monday.
The carmaker has struggled to defend how it operates after investigations into the leadership of Chairman Carlos Ghosn resulted in jail time for its former chief. Last week, Saikawa made headlines when he admitted he had been improperly overpaid.
He has promised to return the money—but Nissan’s board is going in a different direction regardless.
The struggle highlights the importance of good governance and shows how top executive pay can quickly become a PR crisis. Make sure you are prepared to speak about the complex web of finances that make up a CEO’s pay package.
Here are today’s top stories:
Major retail chains are jumping on the trend to announce anti-gun policies, and they span a range of product lines:
CVS Health Updates Firearms in Stores Policy pic.twitter.com/0ODx6ewJNX
— CVS Health (@CVSHealth) September 5, 2019