FILE PHOTO: Chairman of Japan Business Federation Sadayuki Sakakibara attends a news conference in Tokyo, Japan, January 23, 2017. REUTERS/Toru Hanai
Japan’s No. 2 automaker is considering nominating Sakakibara, a former head of powerful business lobby Japan Business Federation, to become an external director at the general shareholders’ meeting in June, the source, who has direct knowledge of the matter, told Reuters.
Sakakibara is already a co-chair of that committee, which is due to make recommendations this month on corporate governance including procedures for executive appointments and compensation.
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