Jan 29, 2020 17:20 JST

Source: NEC Corporation

NEC Announces Executive Personnel Changes

TOKYO, Jan 29, 2020 - (JCN Newswire) - NEC Corporation (TSE: 6701) today announced the following executive personnel changes. The changes were approved at a meeting of the Board of Directors on January 29, 2020 and will become effective as of April 1, 2020.

About the Executive Organization

NEC places the highest priority on achieving the Mid-term Management Plan 2020, which is the final year in FY2020, and will build a system to more strongly promote R&D and productivity improvement process reforms in order to grow over the medium to long term, without making significant changes to the company structure.

(1) Strengthening Core Competitiveness with R&D - Acceleration of Commercialization
NEC will establish a new Research & Development Unit that integrates the central research labs and intellectual property/technology strategy division in order to accelerate company-wide deployment and sharing of infrastructure technology owned by the business units, as well as create business models that maximize technological value through co-creation on an industry-by-industry basis, in addition to maintaining and expanding NEC's core technologies.

(2) Strengthening Process Reform Functions.
Appointing a full-time executive officer to further accelerate business process reform of staff, led by NEC Management Partner Co., Ltd. as part of profit structure reform.

Formore information, visit https://www.nec.com/en/press/202001/global_20200129_02.html.

About NEC Corporation
NEC Corporation has established itself as a leader in the integration of IT and network technologies while promoting the brand statement of "Orchestrating a brighter world." NEC enables businesses and communities to adapt to rapid changes taking place in both society and the market as it provides for the social values of safety, security, fairness and efficiency to promote a more sustainable world where everyone has the chance to reach their full potential. For more information, visit NEC at https://www.nec.com.

Source: NEC Corporation
Sectors: Enterprise IT

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