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International Business Times
International Business Times
World
Carla St. Louis

Nissan CEO Who Cut His Monthly Pay in Half to Address 'Severe Situation' Will Still Make Millions This Year

Nissan Makoto Uchida Fox Business
Nissan car production continues ahead of an announcement by President and CEO Makoto Uchida for further electric vehicle production at the Nissan plant on November 24, 2023 in Sunderland, England. (Credit: Ian Forsyth/Getty Images)

Makoto Uchida, the CEO of Nissan, offered to take a 50 percent pay cut for himself, as his company's shares continued to plummet.

The pay cut isn't quite a feat since it will still translate to Uchida making millions from his role.

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