New CFO at Nissan: Joe Peter

Nissan Motor Co., Ltd. today announced that Joseph “Joe” G. Peter will join the Company as its new Chief Financial Officer, succeeding Alain Dassas, who will return to France at the end of his assignment on December 1 to work on special projects.

Peter, currently Vice President and Chief Financial Officer of International Operations for General Motors Corp. in Shanghai, will join Nissan on October 19 and will become CFO effective December 1. As CFO, Peter will be responsible for financial strategy, treasury, tax, capital markets, sales financing operations, and investor relations. He will be based in Yokohama, reporting directly to Carlos Ghosn, Nissan President and CEO.

“I would like to thank Alain Dassas for his contributions to Nissan and welcome Joe to Nissan’s executive team,” said Ghosn.

Peter was with[private] General Motors for 25 years. During his tenure, he served in several executive positions in Finance, including Vice President and CFO for Saab Automobile AB in Sweden, GM Daewoo Auto & Technology in South Korea, and GM North American Operations in the USA prior to his most recent role.[/private]

Nissan Motor Co., Ltd. is a global automotive company with vehicle sales of 3.411 million in 2008. Nissan is present in all major auto markets worldwide, selling a comprehensive range of cars, pickup trucks, SUVs, and light commerical vehicles.