Nissan's leadership shakeup seeks to address falling profits, debt, and an outdated product lineup, but analysts warn deeper changes are needed.

Nissan last month said it was slashing 9,000 jobs, or about 6% of its global work force, and reducing global production capacity by 20% after reporting a quarterly loss of 9.3 billion yen (€58m). View

Embattled Japanese automaker Nissan has tapped Jeremie Papin as its chief financial officer in a major management reshuffle billed as key to a turnaround.

The Japanese automaker’s CFO Stephen Ma has been appointed as the chairperson of the management committee for China.