OKI Announces Executive Personnel Changes
Tokyo, Japan, May 23, 2007 -- Oki Electric Industry Co., Ltd. (TSE: 6703) today announced that at the day's meeting, the Board of Directors has made its recommendation for executive appointments, which will be effective June 26, 2007.
1. Newly appointed representative
- [Name]
- [Newly appointed title, (current title)]
- Naoki Sato
- Representative Senior Managing Director and Executive Vice President (Senior Managing Director and Executive Vice President)
2. Candidate of new directors (To be submitted for approval at the Ordinary General Meeting of Shareholders to be held on June 26, 2007)
- [Name]
- [Newly appointed title, (current title)]
- Keiichi Fukumura
- Managing Director (Senior Vice President, General Manager of CSR Promotion Division)
- Masayoshi Matsushita
- Managing Director (Senior Vice President)
Reference:
Managing Directors will be appointed at the board meeting after the Ordinary General Meeting of Shareholders to be held on June 26, 2007.
3. Retiring directors (After the Ordinary General Meeting of Shareholders to be held on June 26, 2007)
- [Name]
- [Title after retirement, (current title)]
- Yutaka Maeda
- Adviser, Oki Electric Industry Co., Ltd. (Director)
- Tadao Murase
- Executive Vice President, Oki Wintech Co., Ltd. (Director)
- Nobuhide Hara
- President, Oki Human Network Co., Ltd. (Director)
4. Brief biography of the newly appointed representative
Naoki Sato
[Date and place of birth] October 27, 1948 (58 years old), Miyagi Prefecture
- [Education]
- March 1972
- Graduated from the Faculty of Economics, Tohoku University
- [Business career]
- April 2007
- Appointed Senior Managing Director and Executive Vice President, Oki Electric Industry Co, Ltd. (Current)
- June 2004
- Appointed Managing Director
- April 2004
- Appointed Senior Vice President, Oki Electric Industry Co, Ltd.
- April 2002
- Appointed Managing Executive Officer, Mizuho Corporate Bank Ltd.
- June 2001
- Appointed Executive Officer, and Senior Manager, Sales Division 5, Fuji Bank Ltd.
- May 1999
- Senior Manager, Sales Division 5
- April 1972
- Joined Fuji Bank Ltd.
5. Brief biography of candidate directors
Keiichi Fukumura
[Date and place of birth] April 16, 1947 (60 years old), Tokyo
- [Education]
- March 1970
- Graduated from the Faculty of Commerce and Management, Hitotsubashi University
- [Business career]
- April 2007
- Appointed General Manager of CSR Promotion Division (Current)
- April 2006
- Appointed Senior Vice President (Current)
- April 2000
- Appointed Executive Officer
- June 1998
- Appointed General Manager of Accounting & Control Division
- June 1995
- Appointed Senior Manager, Finance Division
- April 1970
- Joined Oki Electric Industry Co., Ltd.
Masayoshi Matsushita
[Date and place of birth] August 28, 1947 (59 years old), Hyogo Prefecture
- [Education]
- March 1971
- Graduated from the Faculty of Engineering, Doshisha University
- [Business career]
- April 2007
- CIO, Oki Electric Industry Co, Ltd. (Current)
- April 2006
- Appointed General Manager, Strategic Planning Office, Systems Network Business Group
- April 2006
- Appointed Senior Vice President (Current)
- April 2005
- Appointed Senior Operating Officer, Systems Network Business Group
- April 2003
- Appointed General Manager, Network Application Division
- April 2002
- Appointed Executive Vice President, System Solutions Company
- April 2001
- Appointed Executive Officer
- April 2001
- Appointed Executive Vice President, Network Systems Company
- April 1999
- Appointed General Manager, Network SI Division
- April 1992
- Appointed Senior Manager, Software Development Department 1, Network System R&D Division, Telecommunications Group
- April 1971
- Joined Oki Electric Industry Co., Ltd.
About Oki Electric Industry Co., Ltd.
Founded in 1881, Oki Electric Industry Co., Ltd. is Japan's first telecommunications manufacturer, with its headquarters in Tokyo, Japan. OKI provides top-quality products, technologies and solutions to its customers through its info-telecom system business, semiconductor business and printer business. All three businesses function as a collective force to create exciting new products and technologies that satisfy a spectrum of customer needs in various markets. Visit OKI's global web site at http://www.oki.com/.
- Names of companies and products are trademarks or registered trademarks of the respective companies and organizations.
- Press Contact:
- For Europe and Americas: Public Relations Division
Phone: +1-408-737-6479 - For Asia and Other Areas: Public Relations Division
Phone: +81-3-3580-8950
- * Information in the press releases is current on the date of the press announcement, but is subject to change without prior notice.
