Mitsubishi Electric Corporation Statement re (Director Candidates) (1231L)

TIDMMEL

RNS Number : 1231L

Mitsubishi Electric Corporation

28 April 2020

 
 FOR IMMEDIATE RELEASE   No. 3350 
 
                         Media Inquiries 
                         Takeyoshi Komatsu 
                         Public Relations Division 
                         Mitsubishi Electric Corporation 
                         Tel: [phone] 
                         [e-mail] 
                         www.MitsubishiElectric.com/news/ 
 

Mitsubishi Electric Announces Director Candidates

TOKYO, April 28, 2020 - Mitsubishi Electric Corporation (TOKYO: 6503) announces the candidates for Directors elected at the meeting of the Nomination Committee held on April 28, 2020.

The final election of Directors is planned at the Ordinary General Meeting of Shareholders scheduled for June 26, 2020.

1. Director Candidates (current positions)

Masaki Sakuyama (Chairman)

Takeshi Sugiyama (Director, President & CEO)

Masahiko Sagawa (Director)

Shinji Harada (Director, Executive Officer, General Affairs, Human Resources and Public Relations)

Tadashi Kawagoishi (Director, Executive Officer, Accounting and Finance)

Takashi Sakamoto (Senior Advisor) [new candidate]

Kei Uruma (Senior Vice President, Corporate Strategic Planning and Operations of Associated Companies) [new candidate]

Mitoji Yabunaka (Director)

Hiroshi Obayashi (Director (Attorney-at-law, Obayashi Law Office))

Kazunori Watanabe (Director (Certified Public Account, Tax Accountant, Kazunori Watanabe Certified Public Accountant & Tax Accountant Office))

Hiroko Koide (Director)

Takashi Oyamada (Director (Senior Advisor, MUFG Bank, Ltd.))

Notes:

1) Titles in parentheses are current positions and assignments at Mitsubishi Electric and important concurrent positions at other companies as of April 28, 2020

2) Messrs. Yabunaka, Obayashi, Watanabe, and Oyamada and Ms. Koide are Outside Director candidates.

   3)   Changes in Executive Officers were disclosed on February 20, 2020. 

2. Retiring Director s

Nobuyuki Okuma (Director)

Akihiro Matsuyama (Director)

3. New Candidates

Takashi Sakamoto (born March 9, 1958)

March 1981 Graduated from Faculty of Economics, Keio University

   April 1981    Joined Mitsubishi Electric Corporation 
   April 2012    Senior General Manager, Electronic Systems Group, Planning & Administration Dept. 
   April 2013    Executive Officer (In charge of Purchasing) 
   April 2017    Senior Vice President (In charge of Purchasing) 
   April 2019    Senior Advisor (current position) 

Kei Uruma (born July 27, 1959)

March 1982 Graduated from Faculty of Commerce, Waseda University

   April 1982    Joined Mitsubishi Electric Corporation 
   April 2015    Executive Officer, Factory Automation Systems 
   April 2017    Executive Officer, Public Utility Systems 
   April 2018    Senior Vice President, Public Utility Systems 

April 2020 Representative Executive Officer, Senior Vice President, Corporate Strategic Planning and Operations of Associated Companies (current position)

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About Mitsubishi Electric Corporation

With nearly 100 years of experience in providing reliable, high-quality products, Mitsubishi Electric Corporation (TOKYO: 6503) is a recognized world leader in the manufacture, marketing and sales of electrical and electronic equipment used in information processing and communications, space development and satellite communications, consumer electronics, industrial technology, energy, transportation and building equipment. Embracing the spirit of its corporate statement, Changes for the Better, and its environmental statement, Eco Changes, Mitsubishi Electric endeavors to be a global, leading green company, enriching society with technology. The company recorded a revenue of 4,519.9 billion yen (US$ 40.7 billion*) in the fiscal year ended March 31, 2019. For more information visit:

www.MitsubishiElectric.com

*At an exchange rate of 111 yen to the US dollar, the rate given by the Tokyo Foreign Exchange Market on March 31, 2019

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April 28, 2020 02:00 ET (06:00 GMT)