Nissan CEO Makoto Uchida will step down from his position on April 1, with current Chief Planning Officer Ivan Espinosa set to take up the role. Espinosa will be Nissan's fourth CEO in eight years. The leadership shakeup comes less than a month after Nissan and Honda terminated merger talks.

Nissan CEO Makoto Uchida is set to step down from his position on April 1, 2025, following a tumultuous period for the company. He will be succeeded by Ivan Espinosa

Nissan on Tuesday said Ivan Espinosa, its chief planning officer, would take the helm from April 1, marking the end to weeks of speculation over who would succeed Makoto Uchida as leader of the troubled Japanese carmaker.