Seiko Epson Corporation (TSE: 6724, "Epson") today announced that a meeting of its board of directors had provisionally approved the following executive personnel changes. The changes are subject to final approval at the company's annual general meeting and board meeting scheduled to be held on June 26, 2019.
The lineup of executive officers from June 26 has also been approved.
1. Reasons for changes
Now in the first year of the Epson 25 Phase 2 Mid-Range Business Plan (FY2019-21), Epson has implemented these changes with the aims of further strengthening its corporate governance, and of accelerating its efforts to create a strong organization capable of generating ongoing improvements in corporate value and growth.
2. Promotion and appointment of directors
Promotion
Tatsuaki Seki
Director, managing executive officer (currently director, executive officer; general administrative manager, Management Control Division)
Yasunori Ogawa
Director, managing executive officer (currently director, executive officer; general administrative manager, Technology Development Division)
Appointment
Toshiya Takahata
Director, executive officer (currently executive officer; general administrative manager, Corporate Planning Division, and general administrative manager, DX Division)
3. Retirement and appointment of executive officers (excludes executive officers jointly holding directorships)
Retirements
Toshiya Takahata
Currently executive officer; general administrative manager, Corporate Planning Division, and general administrative manager, DX Division
* Retirement due to expiry of term. To be appointed director, executive officer from the same date.
Yasumasa Kitamatsu
Currently executive officer, Technology Development Division
* Retirement due to expiry of term.
Appointments
Andrea Zoeckler
Executive officer (currently senior vice president, COO and CFO, Epson America, Inc.)
Yoshiro Nagafusa
Executive officer (currently senior vice president, Epson Europe B.V.)
Satoru Hosono
Executive officer (currently deputy general administrative manager, Technology Development Division, and deputy chief operating officer, Printing Solutions Operations Division)
Fuminori Suzumura
Executive officer (currently president, Epson Sales Japan Corp.)
Akifumi Takei
Executive officer (currently president, Epson Precision (Philippines), Inc.)
Changes
Sunao Murata
Technology officer（currently executive officer; deputy general administrative manager, DX Division)
Tsuyoshi Kitahara
Technology officer（currently executive officer; Technology Development Division)
4. Appointment of technology officers
We have established the position of technology officer for executive officers with the responsibility of generating corporate value by developing technologies, products and business models that will support long-term market competitiveness.
5. Planned date of changes
June 26, 2019
www.epson.com