Category

Area

  1. Global
  2. Asia & Oceania
  3. China & North Asia
  4. Europe & CIS
  5. Latin America
  6. Middle East & Africa
  7. North America

Panasonic Newsroom TOPPress ReleaseMatsushita Announces Proposed Senior Management Changes


Main Contents begins from here.

Headquarters News

Feb 28, 2008

FOR IMMEDIATE RELEASE

Media Contacts:                Investor Relations Contacts:

Akira Kadota (Japan)           Makoto Mihara (Japan)
International PR               Investor Relations 
(Tel: +81-3-3578-1237)         (Tel: +81-6-6908-1121)

Panasonic News Bureau (Japan)  Yoichi Nagata (U.S.) 
(Tel: +81-3-3542-6205)         Panasonic Finance (America), Inc.
                               (Tel: +1-212-698-1362)
Jim Reilly (U.S.)
(Tel: +1-201-392-6067)         Hiroko Carvell (Europe)
                               Panasonic Finance (Europe) plc
Munetsugu Takeda (Europe)      (Tel: +44-20-7562-4400)
(Tel: +49-611-235-305)

Matsushita Announces Proposed Senior Management Changes



Osaka, Japan, February 28, 2008 - Matsushita Electric Industrial Co., Ltd. (Matsushita [NYSE symbol: MC]), best known for its Panasonic brand, today announced the following changes of the members of the Board of Directors and Executive Officers, effective April 1, 2008, and proposed changes of the members of the Board of Directors and Corporate Auditors, effective June 26, 2008.

These proposed changes will be submitted for and subject to approval at the company's ordinary general meeting of shareholders to be held on June 26, 2008.

1. Members of the Board of Directors (Effective April 1)

Title Name New Responsibilities
Chairman of the Board Kunio Nakamura  
Vice Chairman of the Board Masayuki Matsushita  
President Fumio Ohtsubo  
Executive Vice Presidents Takami Sano Representative in Tokyo
Susumu Koike In charge of Technology and Semiconductor Company
Shunzo Ushimaru In charge of Domestic Consumer Marketing, Electrical Supplies Sales, Project Sales, Building Products Sales, Advertising and Design / Chairman, Corporate Brand Committee
Koshi Kitadai
(promoted)
In charge of Automotive Electronics Business, Panasonic EV Energy Co., Ltd. and Industrial Sales
Senior Managing Directors Toshihiro Sakamoto President, Panasonic AVC Networks Company
Takahiro Mori
(promoted)
In charge of Planning / Associate Director, Corporate IT Innovation Division / in charge of Panasonic Start-up Fund / Vice Chairman, Corporate Brand Committee
Shinichi Fukushima
(promoted)
Representative in Kansai
Managing Directors Yasuo Katsura Director, Tokyo Branch
Junji Esaka In charge of Home Appliances Business / President, Matsushita Home Appliances Company / in charge of Lighting Company
Hitoshi Otsuki In charge of Overseas Operations
Ikusaburo Kashima In charge of Legal Affairs, Corporate Risk Management, Corporate Information Security, Corporate Business Ethics, Legal Consultation & Solutions Center, and Corporate International Affairs
Directors Ikuo Uno  
Hidetsugu Otsuru In charge of Facility Management, Quality Assurance, Corporate FF Customer Support & Management Division and Environmental Affairs / Director, Corporate Environmental Affairs Division (effective February 28, 2008) / in charge of Recycling Business Promotion
Makoto Uenoyama In charge of Accounting and Finance
Honorary Chairman of the
Board and Executive Advisor,
Member of the Board
Masaharu Matsushita  
Notes:

The Chairman of the Board of Directors, Vice Chairman of the Board of Directors, President, Executive Vice Presidents and Senior Managing Directors are Representative Directors and severally represent the company.

Ikuo Uno is an outside director of the company as stipulated in Article 2, Paragraph 15 of the Company Law of Japan.

2. Members of the Board of Corporate Auditors (Effective April 1)

Title Name New Responsibilities
Senior Corporate Auditors Yukio Furuta  
Kenichi Hamada Chairman, Matsushita Group Auditors Meeting
Corporate Auditors Yasuo Yoshino  
Ikuo Hata  
Hiroyuki Takahashi  
Notes: Yasuo Yoshino, Ikuo Hata and Hiroyuki Takahashi are outside corporate auditors.

3. Executive Officers (Effective April 1)

Title Name New Responsibilities
Managing Executive Officers Yoshihiko Yamada Director, Corporate Management Division for North America / Chairman, Panasonic Corporation of North America
Ken Morita Senior Vice President, Panasonic AVC Networks Company / Director, Visual Products and Display Devices Business Group, Panasonic AVC Networks Company
Yoshitaka Hayashi
(promoted)
In charge of Global Procurement and Global Logistics
Takae Makita
(promoted)
In charge of Information Systems /
Associate Director, Corporate IT Innovation Division
Kazuhiro Tsuga
(promoted)
President, Panasonic Automotive Systems Company
Takumi Kajisha
(promoted)
In charge of Corporate Communications Division / Director, Corporate Communications Division / in charge of CSR Office, Corporate Advertising Group, and Corporate Citizenship Group / Vice Chairman, Showroom Strategic Committee
Kazunori Takami
(promoted)
In charge of Corporate Marketing Division for National Brand Home Appliances and Corporate Marketing Division for National Brand Wellness Products / Director, Corporate Marketing Division for National Brand Home Appliances
Executive Officers Masashi Makino Director, Corporate Manufacturing Innovation Division
Joachim Reinhart COO, Panasonic Europe Ltd.
Ikuo Miyamoto Director, Corporate Management Division for Asia and Oceania / President, Panasonic Asia Pacific Pte. Ltd.
Hideo Kawasaki President, Semiconductor Company
Shigeru Omori Director, Corporate Industrial Marketing & Sales Division
Masaaki Fujita Senior Vice President, Panasonic AVC Networks Company / Director, PDP TV Business Unit, Visual Products and Display Devices Business Group, Panasonic AVC Networks Company
Yoshihisa Fukushima In charge of Intellectual Property /
Director, Corporate Intellectual Property Division / President, Intellectual Property Rights Operations Company
Masatsugu Kondo Assistant to Executive Vice President Koike, in charge of Alternative Energy Generation Technology (effective February 28, 2008)
Executive Officers Naoto Noguchi President, Matsushita Battery Industrial Co., Ltd. / President, Rechargeable Battery Company, Matsushita Battery Industrial Co., Ltd. (effective February 28, 2008)
Osamu Waki President, Panasonic Mobile Communications Co., Ltd.
Toshiaki Kobayashi President, Panasonic Electronic Devices Co., Ltd.
Joseph Taylor COO, Panasonic Corporation of North America
Yoshiiku Miyata Director, Corporate Management Division for Europe / Chairman, Panasonic Europe Ltd.
Takashi Toyama President, Panasonic System Solutions Company / Director, Corporate Construction Business Promotion Division / in charge of Corporate eNet Business Division
Jun Ishii Director, Corporate Marketing Division for Consumer Products / in charge of Corporate CS Division and Showroom Strategic Planning Office / Chairman, Showroom Strategic Committee
Toshiro Kisaka Director, Corporate Management Division for China and Northeast Asia / Chairman, Panasonic Corporation of China
Yutaka Takehana
(newly appointed)
In charge of Corporate Risk Management Office, Corporate Information Security Division and Corporate Business Ethics
Masato Tomita
(newly appointed)
Director, Corporate Management Division for CIS, the Middle East & Africa
Hideaki Kawai
(newly appointed)
General Manager, Corporate Finance & IR Group / in charge of Financial Operations Center
Masatoshi Harada
(newly appointed)
In charge of Personnel / General Manager, Corporate Personnel Group,/ in charge of General Affairs and Social Relations/ in charge of e-Work Promotion Office
Takeshi Uenoyama
(newly appointed)
In charge of Device Technology and Environmental Technology / General Manager, Device Strategy Office / Director, Image Devices Development Center / Director, Advanced Technology Research Laboratories / Acting Director, The Nakao Laboratory
Koji Itazaki
(newly appointed)
Director, Corporate Procurement Division  / Director, Corporate Global Logistics Division
Shiro Nishiguchi
(newly appointed)
Director, Corporate Marketing Division for Panasonic Brand
Yoshiyuki Miyabe
(newly appointed)
In charge of Digital Network & Software Technology, Overseas R&D Centers, and New Business Strategy Office
Laurent Abadie
(newly appointed)
President, Panasonic France S.A.
Notes: Effective March 31, 2008, Nobutane Yamamoto and Yoshinobu Sato will retire from the office of Managing Executive Officer. Fujio Nakajima, Yutaka Mizuno and Mikio Ito will retire from the office of Executive Officer.

4. Resignations and Appointments of the Members of the Board of Directors and Corporate Auditors (Effective June 26)

Resignations:

Title Name New Responsibilities
Executive Vice President  Takami Sano To be appointed Corporate Advisor, Matsushita Electric Industrial Co., Ltd.
Senior Corporate Auditor Yukio Furuta  

Appointments:

Title Name Former (Current) Responsibilities
Directors Masayuki Oku  
Masatoshi Harada
(newly appointed)
Currently in charge of Personnel / General Manager, Corporate Personnel Group / in charge of General Affairs and Social Relations/ in charge of e-Work Promotion Office
Senior Corporate Auditor Masahiro Seyama Formerly Director, Corporate Management Division for Latin America /  President, Panasonic Corporation of Latin America

5. Members of the Board of Directors (Effective June 26, 2008)

Title Name New Responsibilities
Chairman of the Board Kunio Nakamura  
Vice Chairman of the Board Masayuki Matsushita  
President Fumio Ohtsubo  
Executive Vice Presidents Susumu Koike In charge of Technology and Semiconductor Company
Shunzo Ushimaru In charge of Domestic Consumer Marketing, Electrical Supplies Sales, Project Sales, Building Products Sales, Advertising and Design / Chairman, Corporate Brand Committee
Koshi Kitadai Representative in Tokyo / in charge of Automotive Electronics Business, Panasonic EV Energy Co., Ltd. and Industrial Sales
Senior Managing Directors Toshihiro Sakamoto President, Panasonic AVC Networks Company
Takahiro Mori In charge of Planning / Associate Director, Corporate IT Innovation Division / in charge of Panasonic Start-up Fund / Vice Chairman, Corporate Brand Committee
Shinichi Fukushima Representative in Kansai
Managing Directors Yasuo Katsura Director, Tokyo Branch
Junji Esaka In charge of Home Appliances Business / President, Matsushita Home Appliances Company / in charge of Lighting Company
Hitoshi Otsuki In charge of Overseas Operations
Ikusaburo Kashima In charge of Legal Affairs, Corporate Risk Management, Corporate Information Security, Corporate Business Ethics, Legal Consultation & Solutions Center, and Corporate International Affairs
Directors Ikuo Uno  
Masayuki Oku
(newly appointed )
 
Hidetsugu Otsuru In charge of Facility Management, Quality Assurance, Corporate FF Customer Support & Management Division and Environmental Affairs / Director, Corporate Environmental Affairs Division / in charge of Recycling Business Promotion
Makoto Uenoyama In charge of Accounting and Finance
Masatoshi Harada
(newly appointed)
In charge of Personnel / General Manager, Corporate Personnel Group / in charge of General Affairs and Social Relations / in charge of e-Work Promotion Office
Honorary Chairman of the
Board and Executive Advisor,
Member of the Board
Masaharu Matsushita  
Notes:

The Chairman of the Board of Directors, Vice Chairman of the Board of Directors, President, Executive Vice Presidents and Senior Managing Directors are Representative Directors and severally represent the company.

Ikuo Uno and Masayuki Oku are outside directors of the company as stipulated in Article 2, Paragraph 15 of the Company Law of Japan.

6. Members of the Board of Corporate Auditors (Effective June 26)

Title Name New Responsibilities
Senior Corporate Auditors Kenichi Hamada Chairman, Matsushita Group Auditors Meeting
Masahiro Seyama
(newly appointed)
 
Corporate Auditors Yasuo Yoshino  
Ikuo Hata  
Hiroyuki Takahashi  
Notes: Yasuo Yoshino, Ikuo Hata and Hiroyuki Takahashi are outside corporate auditors.

7. Executive Officers (Effective June 26)

Title Name New Responsibilities
Managing Executive Officers Yoshihiko Yamada Director, Corporate Management Division for North America / Chairman, Panasonic Corporation of North America
Ken Morita Senior Vice President, Panasonic AVC Networks Company / Director, Visual Products and Display Devices Business Group, Panasonic AVC Networks Company
Yoshitaka Hayashi In charge of Global Procurement and Global Logistics
Takae Makita In charge of Information Systems / Associate Director, Corporate IT Innovation Division
Kazuhiro Tsuga President, Panasonic Automotive Systems Company
Takumi Kajisha In charge of Corporate Communications Division / Director, Corporate Communications Division / in charge of CSR Office, Corporate Advertising Group, and Corporate Citizenship Group / Vice Chairman, Showroom Strategic Committee
Kazunori Takami In charge of Corporate Marketing Division for National Brand Home Appliances and Corporate Marketing Division for National Brand Wellness Products / Director, Corporate Marketing Division for National Brand Home Appliances
Executive Officers Masashi Makino Director, Corporate Manufacturing Innovation Division
Joachim Reinhart COO, Panasonic Europe Ltd.
Ikuo Miyamoto Director, Corporate Management Division for Asia and Oceania / President, Panasonic Asia Pacific Pte. Ltd.
Hideo Kawasaki President, Semiconductor Company
Shigeru Omori Director, Corporate Industrial Marketing & Sales Division
Masaaki Fujita Senior Vice President, Panasonic AVC Networks Company / Director, PDP TV Business Unit, Visual Products and Display Devices Business Group, Panasonic AVC Networks Company
Yoshihisa Fukushima In charge of Intellectual Property / Director, Corporate Intellectual Property Division / President, Intellectual Property Rights Operations Company
Masatsugu Kondo Assistant to Executive Vice President Koike, in charge of Alternative Energy Generation Technology
Naoto Noguchi President, Matsushita Battery Industrial Co., Ltd. / President, Rechargeable Battery Company, Matsushita Battery Industrial Co., Ltd.
Executive Officers Osamu Waki President, Panasonic Mobile Communications Co., Ltd.
Toshiaki Kobayashi President, Panasonic Electronic Devices Co., Ltd.
Joseph Taylor COO, Panasonic Corporation of North America
Yoshiiku Miyata Director, Corporate Management Division for Europe / Chairman, Panasonic Europe Ltd.
Takashi Toyama President, Panasonic System Solutions Company / Director, Corporate Construction Business Promotion Division / in charge of Corporate eNet Business Division
Jun Ishii Director, Corporate Marketing Division for Consumer Products / in charge of Corporate CS Division and Showroom Strategic Planning Office / Chairman, Showroom Strategic Committee
Toshiro Kisaka Director, Corporate Management Division for China and Northeast Asia / Chairman, Panasonic Corporation of China
Yutaka Takehana In charge of Corporate Risk Management Office, Corporate Information Security Division and Corporate Business Ethics
Masato Tomita Director, Corporate Management Division for CIS, the Middle East & Africa
Hideaki Kawai General Manager, Corporate Finance & IR Group / in charge of Financial Operations Center
Takeshi Uenoyama In charge of Device Technology and Environmental Technology / General Manager, Device Strategy Office / Director, Image Devices Development Center / Director, Advanced Technology Research Laboratories / Acting Director, The Nakao Laboratory
Koji Itazaki Director, Corporate Procurement Division / Director, Corporate Global Logistics Division
Shiro Nishiguchi Director, Corporate Marketing Division for Panasonic Brand
Yoshiyuki Miyabe In charge of Digital Network & Software Technology, Overseas R&D Centers, and New Business Strategy Office
Laurent Abadie President, Panasonic France S.A.

About Panasonic
Best known for its Panasonic brand name, Matsushita Electric Industrial Co., Ltd. is a worldwide leader in the development and manufacture of electronic products for a wide range of consumer, business, and industrial needs. Based in Osaka, Japan, the company recorded consolidated net sales of US$77.19 billion for the year ended March 31, 2007. The company's shares are listed on the Tokyo, Osaka, Nagoya and New York (NYSE:MC) stock exchanges. For more information on the company and the Panasonic brand, visit the company's website at http://panasonic.net/.


The content in this website is accurate at the time of publication but may be subject to change without notice. Please note therefore that these documents may not always contain the most up-to-date information.