Toyota’s executives must be green with envy once they hear the salaries of their counterparts in Nissan. That is because, Nissan’s top directors were paid more than twice as much for the fiscal year that ended last March than their equals at Toyota, according to a report from Bloomberg. And this despite the fact that Toyota is Japan’s biggest car manufacturer and Nissan is number two.
In a statement that Nissan issued before its annual meeting on June 29, average salary, including bonuses, for 14 executives was 126 million yen, or $ 1.6 million. In comparison, Toyota paid its 38 directors and auditors an average of about 41 million yen per executive.
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