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| Jun 24, 2004 |
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DENSO Announces Senior Management Changes In New Management System
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Tokyo - DENSO Corporation today announced senior management changes in its new management system, which were voted upon at today’s shareholders meeting. Hiromu Okabe, former vice chairman, was appointed chairman. Former Chairman, Akira Takahashi retired but will continue to serve as a consultant to DENSO Corporation. These changes are effective today.
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The new management system is composed of 13 board of directors, 24 managing officers, and five auditors.
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Board of Director promotions include:
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Hiromu Okabe, Chairman (from Vice Chairman) |
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Kazuo Matsumoto, Executive Vice President (from Senior Managing Director) |
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Oyuki Ogawa, Senior Managing Director (from Managing Director) |
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Masatoshi Ano, Senior Managing Director (from Managing Director) |
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Nobuhiro Miyake, Senior Managing Director (from Managing Director) |
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Satoshi Watanabe, Senior Managing Director (from Managing Director) |
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Susumu Harada, Senior Managing Director (from Managing Director) |
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The managing officers include 14 former directors and 10 promoted managing officers, including:
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Koji Kobayashi (from Vice President of DENSO Finance & Accounting Center Inc.) |
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Yasushi Nei (from Deputy General Manager of Toyota Sales Department) |
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Akitoshi Sugiura (from Deputy General Manager of Procurement Department) |
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Masayoshi Yagyu (from General Manager of Production Control Department) |
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Mitsunori Takao (from General Manager of System Control Components Engineering Department 3) |
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Mitsuhiko Masegi (from General Manager of Safety & Chassis Systems Engineering Department 1) |
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Masahiko Miyaki (from General Manager of Diesel Injection Engineering Department 1) |
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Akio Shikamura (President of DENSO Manufacturing Michigan, Inc.) |
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Haruya Maruyama (President of DENSO Automotive Deutschland GmbH) |
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Manfredo Nicolelli (President of DENSO Thermal Systems S.p.A.) |
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There was no change in auditors.
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DENSO Corporation, headquartered in Kariya, Aichi prefecture, Japan, is a leading global supplier of advanced technology, systems and components. Its customers include all the world’s major carmakers. Worldwide, the company employs 95,000 people in 31 countries and regions, including Japan. Consolidated global sales for the fiscal year ended March 31, 2004 totaled US$24.2 billion. DENSO common stock is traded on the Tokyo, Osaka and Nagoya stock exchanges. For more information, go to www.globaldenso.com
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