Automaker Mazda has modified its prime administration for the primary time in 5 years, and Katsuhiro Moro might be appointed as the brand new president. A press convention might be held at 3:00 pm on the seventeenth.
Mazda held a gathering of its board of administrators on the seventeenth and determined that President Akira Marumoto would step down and that Senior Managing Director Katsuhiro Moro could be promoted to succeed him.
It is the primary time in 5 years that the president has been changed.
Mr. Mogo is 62 years outdated. After becoming a member of Mazda in 1983, he served as General Manager of the Global Marketing Headquarters and General Manager of the North American Business, and is at present serving as Senior Managing Director answerable for public relations and exterior affairs.
The change of president might be formally determined on the common assembly of shareholders scheduled to be held in June this 12 months.
Source