Epson Announces Change of Representative Director and Appointment of New President

Seiko Epson Corporation (Epson) declared that a gathering of its governing body had endorsed a difference in agent chief and the arrangement of another president.

1. Details of change
NameNew positionPrevious position
Mr. Minoru UsuiDirector, ChairmanPresident and Representative Director
Mr. Yasunori OgawaPresident and Representative DirectorDirector, Managing Executive Officer
2. Brief career history of new president
NameMr. Yasunori Ogawa
Date of birthApril 11, 1962
Place of birthAichi Prefecture, Japan
EducationMaster’s Degree from the School of Engineering, Tohoku University Graduate School
Brief career historyApril 1988Joined Seiko Epson Corporation
April 2017Appointed Chief Operating Officer, Visual Products Operations Division
June 2017Appointed Executive Officer
June 2018Appointed Director, Executive Officer
October 2018Appointed General Administrative Manager, Technology Development Division (current position)
June 2019Appointed Director, Managing Executive Officer (current position)
Appointed Chief Operating Officer, Wearable Products & Industrial Solutions Operations Segment (current position)
Number of Epson shares held13,000 (as of December 31, 2019)
3. Explanations behind change

In March 2019, Epson built up its Phase 2 Mid-Range Business Plan planned for accomplishing its Epson 25 Corporate Vision. By concentrating on need regions, we expect to react to changes in the business condition and cultural needs, and progress to a business equipped for creating high benefits.

In the financial year finishing March 2019, we actualized changes planned for reinforcing our business structure. In an extreme business circumstance, we have advanced joint effort with accomplices and open advancement, and have created and propelled unique items and administrations planned for guaranteeing future development.

Going ahead we anticipate that huge and progressing changes should our business condition. Under the initiative and new viewpoint of Mr. Ogawa we will react deftly and quickly to changes as we look to improve our corporate incentive over the medium-and long terms.

4. Date of arrangement – April 1, 2020

Richa Pandit

Hi, This is Richa Pandit, Blogger & writer on Businessrooters.

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