Apr 30, 2020 17:43 JST

Source: Denso

DENSO Announces Changes to Its Board of Directors

KARIYA, JAPAN, Apr 30, 2020 - (JCN Newswire) - DENSO Corporation decided the following changes of members of the Board. These changes will be effective after the 97th Annual General Meeting of Shareholders, 2020.

1. Changes of the Board of Directors
Appointed a Chief Risk Officer to the Board of Directors in order to quickly respond to rapid changes in the business environment.

The following will be appointed as a board of director:
Sadahiro Usui, currently Head of Executive Vice President

The following will resign as a board of director:
Shoji Tsuzuki

2. Structure of the Board of Directors and Audit & Supervisory Board (draft) after 97th Annual General Meeting of Shareholders, 2020. Refer to the table above.

About Denso
DENSO is a $48.3 billion global mobility supplier that develops advanced technology and components for nearly every vehicle make and model on the road today. With manufacturing at its core, DENSO invests in its 221 facilities in 35 countries to produce thermal, powertrain, mobility, electrification, & electronic systems, to create jobs that directly change how the world moves. The company's 170,000+ employees are paving the way to a mobility future that improves lives, eliminates traffic accidents, and preserves the environment. Globally headquartered in Kariya, Japan, DENSO spent 9.3% of its global consolidated sales on research and development in the fiscal year ending March 31, 2019. For more information about global DENSO, visit https://www.denso.com/global.

Source: Denso
Sectors: Automotive

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