MITSUBISHI Motors Corporation (MMC) chairman Osamu Masuko is stepping down after 15 years in the top job due to undisclosed health reasons, but says he will remain as a special advisor to the company going forward.
Mr Masuko started with the triple diamond brand in 1972 and negotiated with then Renault-Nissan Alliance chairman Carlos Ghosn for its purchase of one-third of Mitsubishi following a car-inspection scandal that gutted Mitsubishi’s stock.