Julio Panama has resigned as president of Nissan Mexicana and will be replaced by Jose Munoz, the current director of Nissans Spanish business unit.
Munoz will report to Carlos Tavares, the former Nissan product planning executive who was appointed chairman of Nissan Americas in a global management restructuring in March.
A statement issued by the company today in Mexico did not explain Panamas reason for leaving but thanked him for his contributions over the past 24 years.
Mexico is becoming an increasingly important part of Nissans North American operations, as well as globally. Nissans Mexican plants supply the brands small cars to U.S. dealers and also export Nissans small Tiida world car to Europe, Russia and the Middle East.
Mexico also is critical to a new plan unfolding at Nissan to use the Nissan Americas organization to coordinate sales, marketing, product planning, manufacturing and component sourcing throughout North, Central and South America.