February 24,2022
Fuji Electric Co., Ltd.
1. Change of Representative Director as of April 1
At today’s meeting of the Board of Directors, in response to a proposal from the Nomination and Remuneration Committee, changes to the position of the Representative Director of Fuji Electric Co., Ltd. were resolved as follows.
1）Details of Change
| New title |
Name |
Current title |
| |
|
|
Representative Director
Chairman of the Board
Chief Executive Officer |
Michihiro Kitazawa |
Representative Director
Director and President
President Executive Officer |
| |
|
|
Representative Director
Director and President
Chief Operating Officer
President Executive Officer |
Shiro Kondo |
Director
Managing Executive Officer |
| |
|
|
| Director |
Kenzo Sugai |
Representative Director
Executive Vice President |
2) Reasons for Change
To appoint both a Chairman (Chief Executive Officer) and a President (Chief Operating Officer) in order to continuously strengthen the management foundation as a sustainably growing corporation.
2. Changes to Officers Company’s at the Ordinary General Meeting of Shareholders
At today’s meeting of the Board of Directors, in response to a proposal from the Nomination and Remuneration Committee, it was resolved to appoint the following candidates for Directors and Audit & Supervisory Board Members of Fuji Electric Co., Ltd.
The appointment of candidate Directors and Audit & Supervisory Board Members is subject to approval by the Board of Directors at a meeting to be held following the Company’s Ordinary General Meeting of Shareholders scheduled for June 2022.
1）Directors
<Reappointments / New appointments>
* Square brackets [ ] indicate current positions.
| New title |
Name |
|
| |
|
|
Representative Director
Chairman of the Board |
Michihiro Kitazawa |
(Reappointed) |
| |
|
|
Representative Director
Director and President |
Shiro Kondo |
(Reappointed) |
| |
|
|
Director
(Outside Director {Part Time}) |
Toshihito Tamba |
(Reappointed) |
| |
|
|
Director
(Outside Director {Part Time}) |
Naoomi Tachikawa |
(Reappointed) |
| |
|
|
Director
(Outside Director {Part Time}) |
Yoshitsugu Hayashi |
(Reappointed) |
| |
|
|
Director
(Outside Director {Part Time}) |
Yukari Tominaga |
(Newly appointed) [Outside Director, Morinaga Milk Industry Co., Ltd.; Outside Director, Yashima & Co., Ltd.; Adviser, SB Technology Corp.] |
| Director |
Michio Abe |
(Reappointed) |
| |
|
|
| Director |
Junichi Arai |
(Reappointed) |
| |
|
|
| Director |
Toru Housen |
(Newly appointed) [Managing Executive Officer & Corporate General Manager, Semiconductor Business Group] |
| |
|
|
| Director |
Hiroshi Tetsutani |
(Newly appointed) [Managing Executive Officer & Corporate General Manager, Power Electronics Industry Business Group] |
<Resignations>
| Director |
Kenzo Sugai |
|
|
| |
|
|
| Director |
Masatsugu Tomotaka |
|
|
Director Kenzo Sugai is scheduled to assume the position of Special Adviser after resigning his Director position.
2) Audit & Supervisory Board Members
| Standing Auditor |
Yoshio Okuno |
(Reappointed) |
| |
|
|
| Standing Auditor |
Junichi Matsumoto |
(Not re-elected) |
| |
|
|
Audit & Supervisory Board Members
(Outside Auditor {Part Time}) |
Tetsuo Hiramatsu |
(Not re-elected) |
| |
|
|
| Audit & Supervisory Board Members (Outside Auditor {Part Time}) |
Hirohiko Takaoka |
(Not re-elected) |
| |
|
|
| Audit & Supervisory Board Members (Outside Auditor {Part Time}) |
Yuko Katsuta |
(Not re-elected) |
3) Duties of Executive Officers as of April 1
At today’s meeting of the Board of Directors, Fuji Electric Co., Ltd.'s executive officers and their duties as of April 1 were resolved as follows.
Square brackets [ ] indicate current positions and underline indicates changes.
| New title |
Name |
Duties |
| |
|
|
President Executive Officer
[Managing Executive Officer] |
Shiro Kondo
(Promoted) |
Chief Operating Officer, In charge of Technology Development
[Corporate General Manager, Corporate R&D Headquarters] |
| |
|
|
| Senior Managing Executive Officer |
Michio Abe
(Reappointed) |
In charge of Production & Procurement , and Power Generation Business
[Corporate General Manager, Production & Procurement Group; In charge of Power Generation Business] |
| |
|
|
| Senior Managing Executive Officer |
Masatsugu Tomotaka
(Reappointed) |
In charge of Power Electronics Sales, Power Electronics Energy Business, Power Electronics Industry Business and Fuji Electric FA Components & Systems Co., Ltd.
[In charge of Power Electronics Sales, Power Electronics Energy Business and Power Electronics Industry Business] |
| |
|
|
| Senior Managing Executive Officer |
Junichi Arai
(Reappointed) |
Corporate General Manager, Corporate Management Planning Headquarters; General Manager, Export Administration Office, In charge of Compliance Management
[Corporate General Manager, Corporate Management Planning Headquarters; General Manager, Export Administration Office, In charge of Compliance Management and Crisis Management] |
| |
|
|
Senior Managing Executive Officer
[Managing Executive Officer] |
Toru Hosen
(Promoted) |
Corporate General Manager, Semiconductors Business Group |
| |
|
|
| Managing Executive Officer |
Takeshi Kadoshima
(Reappointed) |
General Manager, Human Resources and General Affairs Office, In charge of Crisis Management
[General Manager, Human Resources and General Affairs Office] |
| |
|
|
| Managing Executive Officer |
Masashi Kawano
(Reappointed) |
Corporate General Manager, Power Electronics Energy Business Group |
| |
|
|
| Managing Executive Officer |
Hiroshi Tetsutani
(Reappointed) |
Corporate General Manager, Power Electronics Industry Business Group |
| |
|
|
Managing Executive Officer
[Executive Officer] |
Yoshitada Miyoshi
(Promoted) |
General Manager of President’s Office, In charge of SDGs Promotion, Public Relations and IR |
| |
|
|
| Executive Officer |
Kenji Goto
(Reappointed) |
Deputy Corporate General Manager, Power Electronics Energy Business Group |
| |
|
|
| Executive Officer |
Masahiro Morimoto
(Reappointed) |
President and Representative Director of Fuji Electric FA Components & Systems Co., Ltd. |
| |
|
|
| Executive Officer |
Tadao Horie
(Reappointed) |
Corporate General Manager, Power Generation Business Group |
| |
|
|
| Executive Officer |
Masato Miyake
(Reappointed) |
General Manager, Legal Office, Corporate Management Planning Headquarters |
| |
|
|
| Executive Officer |
Keiichi Asano
(Reappointed) |
Corporate General Manager, Food & Beverage Distribution Business Group |
| |
|
|
| Executive Officer |
Takashi Obinata
(Reappointed) |
Corporate General Manager, Production & Procurement Group
[Deputy Corporate General Manager, Production & Procurement Group] |
| |
|
|
| Executive Officer |
Hiroshi Ishii
(Reappointed) |
Corporate General Manager, Power Electronics Sales Group |
