Renesas Electronics Announces Change in Representative Director
1. Reason for the Change
Having achieved a remarkable success on its structural reforms based on the Group’s Reform Plan, Renesas is now focusing on strengthening its ability to offer semiconductor solutions globally in order to achieve future growth. To further accelerate these efforts will require a new leader possessing abundant knowledge and experience. A decision has therefore been made to appoint a new Representative Director, Chairman and CEO, subject to approval by the Ordinary General Shareholders’ Meeting and the Board of Directors. By changing the gears toward growth under new leadership, Renesas aims to increase its corporate value still further.
2. Outline of the Change
Name | New Title | Current title |
---|---|---|
Takao Endo | Representative Director, Chairman and CEO | Executive Adviser to CEO |
Hisao Sakuta | Resign | Representative Director, Chairman and CEO |
3. Brief Biography of the New Representative Director
- Name
- Takao Endo
- Date of Birth
- January 19, 1954
- No. of shares held
- None
- 1977.4
- Joined IBM Japan
- 1999.1
- General Manager, Industrial & Distribution Sector Services, IBM Japan
- 2001.3
- Board of Director, IBM Japan
- 2004.3
- Managing Director, IBM Japan
- 2008.6
- President and CEO, Oracle Japan & Senior Vice President, Oracle Corporation
- 2008.8
- Representative Executive Officer and CEO, Oracle Japan
- 2013.8
- Chairman, Oracle Japan & Senior Vice President, Oracle Corporation
- 2014.5
- President and CEO, Asurion Japan Holdings
- 2015.4
- Executive Adviser to CEO, Renesas Electronics Corporation
4. Schedule
The nomination of a candidate of the Member of the Board is planned to be approved at the Ordinary General Shareholders’ Meeting scheduled in June 2015. The new Member of the Board will then be officially appointed as Representative Director at a meeting of the Board of Directors held afterward. Note that any additional executive personnel changes will be announced once confirmed information is available.
About Renesas Electronics Corporation
Renesas Electronics Corporation (TSE: 6723), the world's number one supplier of microcontrollers, is a premier supplier of advanced semiconductor solutions including microcontrollers, SoC solutions and a broad range of analog and power devices. Business operations began as Renesas Electronics in April 2010 through the integration of NEC Electronics Corporation (TSE:6723) and Renesas Technology Corp., with operations spanning research, development, design and manufacturing for a wide range of applications. Headquartered in Japan, Renesas Electronics has subsidiaries in approximately 20 countries worldwide.
Комментарии