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[June 20, 2014]
DENSO Announces Senior Management Changes
(ENP Newswire Via Acquire Media NewsEdge) ENP Newswire - 20 June 2014 Release date- 19062014 - DENSO Corporation today announced management changes, which were approved at today's shareholders meeting and board of directors meeting.
These changes are effective today.
1. New management (1) 14 Board of Directors (2) 5 Audit and Supervisory Board Member (3) 11 Senior Executive Director (4) 28 Executive Directors 2. Retirements (1) Board of Directors Hiromi Tokuda (Newly appointed as Advisor, Senior Technical Executive) Hikaru Sugi (Newly appointed as Advisor, Senior Technical Executive) Kazuo Hironaka (Newly appointed as Advisor) (2) Audit and Supervisory Board Member Toshio Watanabe (Newly appointed as Advisor) (3) Executive Directors Noboru Yamada (Newly appointed as Advisor) Kenichiro Kamai (Newly appointed as Advisor) 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 38 countries and regions (including Japan) and employs nearly 140,000 people. Consolidated global sales for the fiscal year ending March 31, 2014, totaled US$39.8 billion. Last fiscal year, DENSO spent 9.0 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges.
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