Nissan has announced that company president Carlos Ghosn will also take the title of chairman in a number of changes to the company’s top structure.

Nissan has announced that company president Carlos Ghosn will also take the title of chairman in a number of changes to the company.

reported that Ghosn will share the role with Itaru Koeda, who is executive vice president for purchasing. Current chairman Yoshikazu Hanawa will retire and become an adviser and honorary chairman. The new titles will be approved at a shareholders’ meeting on June 19. The changes are part of Nissan 180, the company's three-year plan for profitable growth.

Toshiyuki Shiga will join the executive committee as senior vice president in charge of general overseas markets operations and Alain-Pierre Raynaud, as senior vice president and global controller.

Nissan’s board will consist of seven members compared with the current nine. Thierry Moulonguet, Nissan's executive vice president, will leave the board.

Four new vice presidents will also be nominated on April 1. Guillaume Gerondeau, will take charge of product strategy and product planning division, Kimiyasu Nakamura will lead vehicle design engineering division and vehicle component engineering, Joji Masuda will be in charge of cost engineering division and Akira Koyama will head supply chain management division.

"As we successfully complete the first year of the Nissan 180, we continue to adapt our organisation in order to better support our operations in our quest to deliver fully on our three-year plan," Ghosn said.