Nissan management shake-up plans reported as sharks circle

Nissan is considering a change in leadership following the failure of a proposed merger with Honda and the release of poor earnings results, according to Bloomberg.

The possibility of a shake-up at the top comes amid unconfirmed reports that a wide range of deep-pocketed investors might be considering an investment in Japan’s No. 3 automaker, and that some are looking for significant management changes before stepping in.

In a story published Thursday morning, Bloomberg citing unnamed sources said that Nissan may replace its CEO, Makoto Uchida, and is contemplating a revamp of its executive team. Nissan declined to comment.