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Companies : Denso Corporation

Denso Frontpage

DENSO Introduces New Management System to Begin in June

Beginning in June, there will be 24 managing officers. Each of the managing officers will be in charge of daily operations in specific divisions. The number of managing officers cannot exceed 30.

Both board of directors and managing officers will be appointed for one-year terms. Board members now serve two-year terms.

“The new management system is intended to shorten decision-making time and speed up operations under the current corporate auditor system,” said Koichi Fukaya, president and CEO of DENSO Corporation.

In June, DENSO also plans to announce:

• The promotion of Hiromu Okabe, current vice chairman, to chairman, DENSO Corporation.

• The retirement of Akira Takahashi, current chairman, who will continue to serve as a consultant to DENSO Corporation.

• The promotion of Kazuo Matsumoto, current senior managing director, to executive vice president, DENSO Corporation.

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