DENSO Announces Senior Management Change: New President & CEO for Europe

DENSO Announces Senior Management Change: New President & CEO for Europe

KARIYA (Japan) ― DENSO Corporation has announced changes of the members of the Board, Senior Executive Directors and Executive Directors, with the purpose of enhancing the partnership of engineering development with TOYOTA MOTOR CORPORATION and reviewing a part of engineering development management, effective April 1, 2015.

As a result, DENSO International Europe can announce that Masato (Max) Nakagawa will replace Yasushi Yamanaka as Chief Executive Officer and President of DENSO International Europe as per April 1. Yasushi Yamanaka will become Senior Executive Director at DENSO Corporation in charge of overall R&D, Engineering Research and Development Center.

“I am both enthusiastic and privileged to be appointed as the next CEO and President of the European region,” Nakagawa said.

Masato (Max) Nakagawa, new President & CEO for DENSO INTERNATIONAL EUROPE

Masato (Max) Nakagawa, new President & CEO for DENSO INTERNATIONAL EUROPE

“I will not only focus on innovative technologies but also on establishing a recognizable presence in the European market. Besides that, the realization of open and transparent communication in the EU region will have my full attention”.

Having gained a Mechanical Engineering degree at Hiroshima University in 1980, Nakagawa joined DENSO Corporation (formerly Nippondenso Co., Ltd.) in the same year.

Nakagawa’s career has included senior automotive engineering and managerial roles around the world. These included five years working for DENSO in Iowa, USA; one year in London, UK; and eleven years in Düsseldorf, Germany.

Until today Nakagawa was based at DENSO’s Aachen Engineering Center in Germany, where he led expert engineering teams pioneering Powertrain, Electronics/Electric & EHV, and Information & Safety Engineering technologies. For the time being he will continue to be in charge for this function concurrently.

Yamanaka has served as DENSO International Europe CEO and President since June 2013. Yamanaka established the Mid-Term Policy 2018 and was strongly advocating communication and collaboration which he believes will foster individual growth and ability in the workplace.

“I believe Nakagawa is the best person to take over my role, since he has more than 12 year experience in the European region and is well aware of what is needed to realize a robust European business operation to benefit to the total DENSO Group,” Yamanaka said.

 

The changes at DENSO Corporation include:

  1. Resignation of Executive Director
Name New Responsibility Current Responsibility
Hiroaki Okuchi (Executive Director) Executive Director of TOYOTA MOTOR CORPORATION Executive Director of DENSO CORPORATION

 

  1. Change of members of the Board, Senior Executive Directors
Name New Responsibility Current Responsibility
Masahiko Miyaki (Executive Vice President) Support of President & CEO, Quality, Safety & Environment Center Support of President & CEO, Overall R&D, Engineering Research & Development Center
Akio Shikamura (Executive Vice President) Support of President & CEO, Overall Production Support of President & CEO, Overall Production, Quality, Safety & Environment Center
Yasushi Yamanaka (Senior Executive Director) Overall R&D, Engineering Research & Development Center DENSO INTERNATIONAL EUROPE B.V.

 

DENSO Corporation, headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs nearly 140,000 people. Consolidated global sales for the fiscal year ending March 31, 2014, totaled US$39.8 billion. Last fiscal year, DENSO spent 9.0 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.globaldenso.com, or visit our media website at www.densomediacenter.com.