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

According to various reports, Honda wants to take the lead with the merger deal after the two were to form a joint holding company. The Big H would become the leader in said holding company with Nissan being reduced to a subsidiary of Honda.

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