Nissan to replace chairman arrested on financial charges

TOKYO (AP) — Nissan’s board is meeting to pick a chairman to replace Carlos Ghosn, arrested last month on charges of violating financial regulations.
Monday’s meeting comes amid an unfolding scandal that threatens the Japanese automaker’s two-decade alliance with Renault SA of France and its global brand, as well as highlighting shoddy governance.
Ghosn and another board member Greg Kelly were formally charged last week for underreporting Ghosn’s income by about 5 b