Japan's Nissan will unveil a shake-up in its top ranks next month, three people familiar with the matter said on Thursday, adding that embattled CEO Makoto Uchida is currently expected to hang on to his job.

Nissan directors are gauging interest in potential candidates to succeed Makoto Uchida, the 22-year company veteran who's been CEO since late 2019

Nissan is readying a major executive shakeup, which may spell the end for its current CEO, Makoto Uchida, Bloomberg and Reuters report. The Yokohama-based automaker could be looking for a new CEO after merger negotiations failed with Honda a short time ago.

Nissan Motor is considering replacing its CEO Makoto Uchida following a worsening in the Japanese automaker's business performance and the collapse of talks to combine with Honda Motor, Bloomberg News reported on Thursday citing people familiar with the matter.

Nissan Motor is considering replacing its CEO Makoto Uchida as investor confidence wanes following the breakdown of merger talks with Honda Motor Co, according to Bloomberg News. The collapse of the proposed $60 billion deal has intensified concerns about Nissan’s long-term strategy and leadership,