• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

2

Indeed chief economist says we’re entering an era of ‘great mismatch’ thanks to a generational imbalance of workers

3

Microsoft reports are exposing AI's real cost problem: Using the tech is more expensive than paying human employees

1

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

2

Indeed chief economist says we’re entering an era of ‘great mismatch’ thanks to a generational imbalance of workers

3

Microsoft reports are exposing AI's real cost problem: Using the tech is more expensive than paying human employees

Aston Martin poaches potential Ghosn successor from Renault-Nissan

By
Doron Levin
Doron Levin
Down Arrow Button Icon
By
Doron Levin
Doron Levin
Down Arrow Button Icon
September 2, 2014, 1:29 PM ET
Nissan Vice President Andy Palmer Attends Redesigned Teana Launch
Andy Palmer, executive vice president and chief planning officer of Nissan Motor Co., speaks next to the companys new Teana sedan following an unveiling event at Nissan's headquarters in Yokohama, Japan, on Monday, Jan. 20, 2014. Nissan is Japan's second-biggest carmaker. Photographer: Yuriko Nakao/Bloomberg via Getty ImagesYuriko Nakao/Bloomberg—Getty Images

The senior executive merry-go-round at the Renault-Nissan Alliance keeps whirling at high speed, now with the departure of Andy Palmer, executive vice president and top vehicle planner, to become the chief executive officer of luxury carmaker Aston Martin Lagonda.

Palmer, 51, once regarded as a potential successor to Carlos Ghosn, chief executive officer, saw those prospects dim last November when Ghosn remarked that his eventual successor as Nissan CEO probably should be a Japanese executive.

In July, Johan de Nysschen, who had been recruited in 2012 by the Renault-Nissan Alliance to revamp Nissan’s Infiniti luxury franchise, announced he was jumping ship to run General Motors Co.’s (GM) Cadillac luxury division. De Nysschen had reported to Palmer. Last year, Carlos Tavares, who had been Ghosn’s number-two at Renault, abruptly resigned to take over the reins at PSA Peugeot Citroen, the troubled French automaker.

At least one analyst suggested to Reuters that Ghosn’s 15-year tenure running Nissan, and then Renault, caused “a kind of deadlock” for the careers of other senior executives. The Nissan Renault executive cadre is known for its broad ethnic and gender diversity.

“Against that backdrop, there tends to be more moves as people look for change,” Nakanishi said. “For Nissan, Andy’s departure is a blow and the question is what will happen to the continuity of Nissan management.”

Nissan and Renault own significant equity stakes in one another and have functioned as a single group since 1999, when Ghosn and the French automaker rescued Nissan from near-bankruptcy.

Palmer, a British national and highly-respected planner in automotive circles, will be moving to a small elite brand, privately owned by several investment groups and operating on the fringes of mass marketing. Aston Martin’s main claim to fame is its identity as the car fictional British spy James Bond drove in movies and novels. It recently signed an agreement to buy engines from Daimler AG, the maker of Mercedes-Benz automobiles.

Succeeding Palmer as chief Nissan planner, based in Yokohama, will be Philippe Klein, a senior Renault executive.

One of the pressing question in light of Palmer’s departure will be the near-term future of Infiniti. An underperforming luxury franchise since its introduction in the 1980s, the hiring of De Nysschen from Audi marked a renewed effort at competitiveness, including a spate of new vehicle models.

For the time being, Jose Munoz, Nissan’s top U.S. executive will be responsible for Infiniti. But Ghosn, a famously demanding boss, likely is focused on finding a strong replacement for De Nysschen, which may mean having to poach from another luxury manufacturer.

Ghosn, 60, shows no signs of slowing down or reorganizing the executives at the two automakers for his eventual retirement – which must be regarded as positive development in light of their results. Under Ghosn’s strong leadership – and, perhaps, because of it – senior executives at both automakers have tended to come and go at a quick pace.

Each and every one of them likely can attest to the rigors of serving one of the most durable, creative and impressive industrial leaders of his time.

About the Author
By Doron Levin
See full bioRight Arrow Button Icon

Latest in

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in

U.S. debt is the ‘elephant in the room’ amid bond market rout as Fed-fueled interest costs could drive even larger deficits, analysts warn
EconomyDebt
U.S. debt is the ‘elephant in the room’ amid bond market rout as Fed-fueled interest costs could drive even larger deficits, analysts warn
By Jason MaMay 23, 2026
1 minute ago
Iran and U.S. near agreement on memorandum of understanding to end war, as Tehran says Hormuz is included in talks but nuclear issues are not
PoliticsIran
Iran and U.S. near agreement on memorandum of understanding to end war, as Tehran says Hormuz is included in talks but nuclear issues are not
By Munir Ahmed, Matthew Lee and The Associated PressMay 23, 2026
2 hours ago
The Fed’s worst inflation fears may be coming true as consumers lose faith in long-term prices—and even Trump supporters doubt he can bring relief
EconomyInflation
The Fed’s worst inflation fears may be coming true as consumers lose faith in long-term prices—and even Trump supporters doubt he can bring relief
By Jason MaMay 23, 2026
3 hours ago
gf
SuccessEntrepreneurship
Meet the 32-year-old who is America’s only full-time spelling bee coach — he charges up to $180 per hour
By Ben Nuckols and The Associated PressMay 23, 2026
3 hours ago
o
PoliticsOregon
Oregon Democrats wrote a gas tax, watched it get destroyed and now Jeff Merkley has a fight
By Claire Rush and The Associated PressMay 23, 2026
3 hours ago
t
North AmericaMedia
‘Hello, Goodbye’: Paul McCartney closed the lights on a Late Show that CBS couldn’t cancel quietly
By Mark Kennedy and The Associated PressMay 23, 2026
4 hours ago

Most Popular

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year
Success
Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year
By Preston ForeMay 21, 2026
2 days ago
Indeed chief economist says we’re entering an era of ‘great mismatch’ thanks to a generational imbalance of workers
Success
Indeed chief economist says we’re entering an era of ‘great mismatch’ thanks to a generational imbalance of workers
By Emma BurleighMay 22, 2026
1 day ago
Microsoft reports are exposing AI's real cost problem: Using the tech is more expensive than paying human employees
AI
Microsoft reports are exposing AI's real cost problem: Using the tech is more expensive than paying human employees
By Jake AngeloMay 22, 2026
1 day ago
Apple’s Steve Wozniak says he cofounded the tech giant after 5 rejections from HP—not to ‘make money.’ For years, his paycheck was just $50
Success
Apple’s Steve Wozniak says he cofounded the tech giant after 5 rejections from HP—not to ‘make money.’ For years, his paycheck was just $50
By Preston ForeMay 22, 2026
1 day ago
Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 
Workplace Culture
Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 
By Preston ForeMay 19, 2026
4 days ago
Current price of oil as of May 22, 2026
Personal Finance
Current price of oil as of May 22, 2026
By Joseph HostetlerMay 22, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.