Hitachi(TSE: 6501) has announced the change of Chairman and President in accordance with a resolution passed by a meeting of the Board of Directors with effect from April 1, 2014.Hiroaki Nakanishi who is currently Director, Representative Executive Officer and President of the company will be appointed as a Director who chairs meetings of the Board of Directors as well as Representative Executive Officer, Chairman & CEO of Hitachi.
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The current Senior Vice-President and Executive Officer, in charge of Medical Systems Business, President & CEO of Infrastructure Systems Group and Infrastructure Systems Company, Toshiaki Higashihara will be proposed as a Director candidate at Hitachi’s Ordinary General Meeting of Shareholders in June 2014, and, upon approval at the Meeting. Higashihara will assume the position of Representative Executive Officer, President & COO of Hitachi.
Takashi Kawamura will resign as Chairman of the Board on March 31, 2014, and will be appointed as a Chairman Emeritus after retiring from the position of Director at the close of the Hitachi’s Ordinary General Meeting of Shareholders in June 2014.
