Will Wagoner End Up At Nissan/Renault?

March 31, 2009 9:22 AM EDT
Rick Wagoner, former CEO of GM (NYSE: GM), is not old enough to retire. He has an incredible CV which includes running a huge but troubled car company for eight years. Another firm in the same industry may want to tap that experience by making his head man.

Toyota (NYSE: TM), Honda (NYSE: HMC), and Peugeot have already replaced their top managers. Ford’s (NYSE: F) and Chrysler’s CEOs look safe, for now. The next auto company chief likely to be fired is Carlos Ghosn who has run Nissan and Renault for a number of years. Nissan will post its first fiscal year loss in 10 years. That kind of performance was not tolerated by the boards of Toyota and Honda.

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