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Hitachi Announces New Executive Officer and the Management Changes
TOKYO --(Business Wire)-- July 28, 2005 -- Hitachi, Ltd. (NYSE:HIT) (TOKYO:6501) today announced the management changes in accordance with the determination made by the Board of Directors meeting held today and by the authorized executive officer. The appointment is scheduled for August 1, 2005. -0- *T 1. New Executive Officer Gaku Suzuki, Vice President and Executive Officer, President & Chief Executive Officer of Industrial Systems Group, General Manager of Transportation Systems Division; currently General Manager of Transportation Systems Division, Industrial Systems Group 2. Management Change Shigeharu Mano, Vice President and Executive Officer, President & Chief Executive Officer of Power Systems Group, President and Director of Babcock-Hitachi K.K.; currently Vice President and Executive Officer, President & Chief Executive Officer of Power Systems Group Kazuhiro Mori, Vice President and Executive Officer, in charge of Hitachi group companies management assistance, President and Director of Hitachi Displays, Ltd.; currently Vice President and Executive Officer, President & Chief Executive Officer of Industrial Systems Group 3. Others Fumiaki Yonai, President and Director of IPS Alpha Technology, Ltd., Director of Hitachi Displays, Ltd.; currently President and Director of Hitachi Displays, Ltd., President and Director of IPS Alpha Technology, Ltd. Hayato Ogawa, Adviser, Babcock-Hitachi K.K.; currently President and Director of Babcock-Hitachi K.K., Executive Vice President of Power Systems Group of Hitachi, Ltd. *T
About Hitachi
Hitachi, Ltd., (NYSE:HIT) (TOKYO:6501), headquartered in Tokyo, Japan, is a leading global electronics company with approximately 347,000 employees worldwide. Fiscal 2004 (ended March 31, 2005) consolidated sales totaled 9,027.0 billion yen ($84.4 billion). The company offers a wide range of systems, products and services in market sectors including information systems, electronic devices, power and industrial systems, consumer products, materials and financial services. For more information on Hitachi, please visit the company's Website at http://www.hitachi.com. -0- *T Executive Officers (Effective August 1, 2005) (President and Chief Executive Officer) Etsuhiko Shoyama (Executive Vice President and Executive Officer) Isao Ono, in charge of Sales operations, Information & Telecommunication Systems Business, General Manager of Information Security Division Michiharu Nakamura, in charge of Research & Development, Business Incubation Masaharu Sumikawa, in charge of Power & Industrial Systems, Automotive Systems, Production Engineering Kazuo Furukawa, President & Chief Executive Officer of Information & Telecommunication Systems Group, in charge of Digital Media, General Manager of Corporate Export Regulation Division (Senior Vice President and Executive Officer) Hiroaki Nakanishi, Chief Executive for North America, Chairman of the Board and Chief Executive Officer of Hitachi Global Storage Technologies Takashi Hatchoji, General Manager of Hitachi Group - Legal and Corporate Communications, Department Manager of Compliance Division and Invention Management Division Takashi Miyoshi, General Manager of Finance Takuya Tajima, General Manager of Corporate Marketing Group, Department Manager of Customer Satisfaction Promotion Center (Vice President and Executive Officer) Shigeharu Mano, President & Chief Executive Officer of Power Systems Group, President and Director of Babcock-Hitachi K.K. Gaku Suzuki, President & Chief Executive Officer of Industrial Systems Group, General Manager of Transportation Systems Division Kunihiko Ohnuma, President & Chief Executive Officer of Urban Planning and Development Systems Group Manabu Shinomoto, Executive Vice President of Information & Telecommunication Systems Group Kazuhiro Tachibana, General Manager of Consumer Business Group, President & Chief Executive Officer of Ubiquitous Platform Systems Group Taiji Hasegawa, President & Chief Executive Officer, Chief Quality Officer, Automotive Systems Group Junzo Kawakami, General Manager of 3rd Business Management Division, Automotive Systems Group Kazuhiro Mori, in charge of Hitachi group companies management assistance, President and Director of Hitachi Displays, Ltd. Minoru Tsukada, Chief Executive for China, Chief Innovation Officer of China Masahiro Hayashi, General Manager of Kansai Area Operation Makoto Ebata, General Manager of Hitachi Group - Corporate Strategy Iwao Hara, General Manager of Human Capital Shozo Saito, in charge of Power Systems Engineering (Executive Officer) Yasuo Sakuta, General Manager of Intellectual Property Group Takao Suzuki, General Manager of Chugoku Area Operation Koichiro Nishikawa, General Manager of Business Development (Hitachi Group Executive Officer) Isao Uchigasaki, General Manager of Hitachi Group Headquarters, Hitachi Group Chief Innovation Officer, Concurrently holds the post of Chairman of the Board, Hitachi Chemical Co., Ltd. *T -0- *T Biography of New Executive Officer Gaku Suzuki 1. Date of Birth : May 12, 1947 2. Education March, 1972 : Graduated from Faculty of Economics, The University of Tokyo 3. Business Experience April, 2004 : General Manager of Transportation Systems Division, Industrial Systems Group April, 2003 : General Manager of Transportation Systems Division, Power & Industrial Systems Group May, 2000 : General Manager of Transportation Sales Division, Industrial Systems Sales Management Division, Power & Industrial Systems Group June, 1999 : Senior Manager of Planning Division, Industrial Systems Sales Management Division, Power & Industrial Systems Group August, 1997 : Senior Manager of Planning Division, Strategic Marketing and Planning Division August, 1996 : Senior Manager of Planning Division, Industrial Systems Sales Management Division February, 1992 : Senior Manager of Transportation Division, Sales Division April, 1972 : Joined Hitachi, Ltd. *T
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