Nissan Announces Senior Management Changes for North America
•Le Vot to oversee Commercial Vehicle business for Renault-Nissan-Mitsubishi
•Valls named Chairman, North America
NASHVILLE, Tennessee – Nissan is making changes to the management team for the North American region to focus on delivery of its "M.O.V.E. to 2022" midterm plan, as well as to strengthen its converged business with its Alliance partner, Renault.
Effective April 1, 2019, Denis Le Vot, senior vice president, Nissan Motor Co., Ltd. and chairman, North America, will go to Paris to take the position of Alliance senior vice president, Alliance Light Commercial Vehicle Business Unit.
José Luis Valls, senior vice president, Nissan Motor Co., Ltd. and vice chairman, North America, will replace Le Vot as chairman, North America.
Valls has more than 20 years of experience in the automotive industry, and he joined Nissan in 2011. Prior to being named vice chairman of North America, he was chairman of the company's Latin America region and has also served as president of Nissan's operations in Mexico.
A replacement for Valls to lead Nissan's U.S. marketing and sales operations will be named soon.
For more information on Le Vot's new role, see full press release at Alliance-2022.com.
About Nissan North America
In North America, Nissan's operations include automotive styling, engineering, consumer and corporate financing, sales and marketing, distribution and manufacturing. Nissan is dedicated to improving the environment under the Nissan Green Program and has been recognized annually by the U.S. Environmental Protection Agency as an ENERGY STAR® Partner of the Year since 2010. More information on Nissan in North America and the complete line of Nissan and INFINITI vehicles can be found online at www.nissanusa.com and www.infinitiusa.com, or visit the U.S. media sites nissannews.com and infinitinews.com.
About Nissan Motor Co.
Nissan is a global full-line vehicle manufacturer that sells more than 60 models under the Nissan, INFINITI and Datsun brands. In fiscal year 2017, the company sold 5.77 million vehicles globally, generating revenue of 11.9 trillion yen. On April 1, 2017, the company embarked on Nissan M.O.V.E. to 2022, a six-year plan targeting a 30% increase in annualized revenues to 16.5 trillion yen by the end of fiscal 2022, along with cumulative free cash flow of 2.5 trillion yen. As part of Nissan M.O.V.E. to 2022, the company plans to extend its leadership in electric vehicles, symbolized by the world's best-selling all-electric vehicle in history, the Nissan LEAF. Nissan's global headquarters in Yokohama, Japan, manages operations in six regions: Asia & Oceania; Africa, the Middle East & India; China; Europe; Latin America; and North America. Nissan has partnered with French manufacturer Renault since 1999 and acquired a 34% stake in Mitsubishi Motors in 2016. The Renault-Nissan-Mitsubishi alliance sold 10.76 million vehicles combined in calendar year 2018.