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
|Name||New position||Previous position|
|Mr. Minoru Usui||Director, Chairman||President and Representative Director|
|Mr. Yasunori Ogawa||President and Representative Director||Director, Managing Executive Officer|
2. Brief career history of new president
|Name||Mr. Yasunori Ogawa|
|Date of birth||April 11, 1962|
|Place of birth||Aichi Prefecture, Japan|
|Education||Master’s Degree from the School of Engineering, Tohoku University Graduate School|
|Brief career history||April 1988||Joined Seiko Epson Corporation|
|April 2017||Appointed Chief Operating Officer, Visual Products Operations Division|
|June 2017||Appointed Executive Officer|
|June 2018||Appointed Director, Executive Officer|
|October 2018||Appointed General Administrative Manager, Technology Development Division (current position)|
|June 2019||Appointed Director, Managing Executive Officer (current position)|
Appointed Chief Operating Officer, Wearable Products & Industrial Solutions Operations Segment (current position)
|Number of Epson shares held||13,000 (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.