Nissan, Carlos Ghosn fined by US authorities for hiding pay

According to the SEC, the troubles for Nissan began in 2004 when it granted Carlos Ghosn, its then-CEO, the authority to set executive compensation, including his own. The commission believes between 2009 and his arrest in 2018, Ghosn "with substantial assistance from [director Greg] Kelly and subordinates at Nissan" hid US$90 million ($133 million) in pay from official filings, and increase Ghosn's retirement bonus by US$50 million ($74 million).