Nissan names new CFO amid turnaround challenges

Group 1 - Nissan Motor Co. has appointed George Leondis as the new chief financial officer, succeeding Jérémie Papin, who is stepping down for personal reasons effective April 1 [1][3] - Leondis has a background in accounting and has been with Nissan since 2004, holding various senior finance and leadership roles across key markets [2][3] - Papin will remain with Nissan until mid-May to facilitate the closing of FY25 and ensure a smooth transition [3][4] Group 2 - Ivan Espinosa, president and CEO of Nissan, expressed gratitude for Papin's leadership during a critical recovery phase and emphasized the continuity of the company's priorities and commitments [4] - Nissan reported a net loss of nearly $1.5 billion in the first half of FY2025, with an operating profit loss of 27.7 billion yen ($180.7 million), marking a $430 million decline from the previous year [5]