KARIYA (Japan) — DENSO Corporation today announced management changes, which were approved at today's shareholders meeting and board of directors meeting. These changes are effective today.
New Directors appointed to the Board:
Hiroyuki Wakabayashi, Senior Executive Director (from Executive Director)
Satoshi Iwata, Senior Executive Director (from Executive Director)
New Executive Directors:
Hideaki Matsuki (from Asia Project Department)
Shinsuke Yamaguchi (from President of DENSO Manufacturing Hungary)
Yoshitaka Kajita (from President of DENSO International India)
Hiroaki Okuchi (from System Control Components Business Unit)
Jiro Ebihara (from Production Engineering Division)
Board of Director and Executive Director retirements:
Koichi Fukaya (from Chairman)
Sojiro Tsuchiya (from Executive Vice President)
Shigehiro Nishimura (from Executive Director)
Yoshihiro Saka (from Executive Director)
DENSO Corporation, headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world's major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 36 countries and regions (including Japan) and employs more than 130,000 people. Consolidated global sales for the fiscal year ending March 31, 2013, totaled US$38.1 billion. Last fiscal year, DENSO spent 9.4 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.globaldenso.com, or visit our media website at www.densomediacenter.com.
Currently, in North America, DENSO employs more than 14,000 people at 28 consolidated companies and affiliates. Of these, 26 are manufacturing facilities located in the U.S., Canada and Mexico. In the U.S. alone, DENSO employs more than 10,000 people in California, Michigan, North Carolina, South Carolina, Tennessee, Kentucky, Georgia, Iowa, Ohio, and Arkansas. DENSO’s North American consolidated sales totaling US$6.8 billion for the fiscal year ending March 31, 2013.
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