Rumors that Nissan wants to replace its CEO began surfacing in the fallout from the automaker’s failed merger with Honda. Now, a new Bloomberg report alleges the company’s directors are looking for potential candidates to replace Makoto Uchida,

Nissan is planning to replace CEO Makoto Uchida following disappointing financial earnings and the collapse of merger talks with Honda.

Nissan faces mounting financial pressures, with a record debt bill coming due next year. It has also been struggling to attract consumers with an ageing vehicle lineup and has relied heavily on incent