Canon U.S.A., Inc. Announces New President and CEO; Yoroku Adachi Appointed President and CEO of Canon U.S.A., Inc., Kinya Uchida to Serve as Advisor at Canon Inc. in Tokyo.LAKE SUCCESS, N.Y. -- Canon U.S.A., Inc., headquarters for Canon operations in North, Central and South America South America, fourth largest continent (1991 est. pop. 299,150,000), c.6,880,000 sq mi (17,819,000 sq km), the southern of the two continents of the Western Hemisphere. and the Caribbean, has announced the appointment of Yoroku Adachi as the company's new President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. effective today. Adachi has also been named a Managing Director on Canon Inc.'s Board of Directors. Canon U.S.A., Inc.'s current President and CEO, Kinya Uchida, will return to Canon Inc. to serve as Advisor at the Company's Tokyo headquarters. Uchida was appointed President and CEO of Canon U.S.A., Inc. in 1999. Under his leadership, Canon U.S.A.'s sales and revenues grew 16 percent from 1999 through 2004. "My time as President and CEO of Canon U.S.A. was one of the most rewarding experiences of my career," said Uchida. "It has been an honor and a privilege to work with the many employees, clients and customers I have met during my time here. Together, we have accomplished a great deal. I am confident Mr. Adachi will continue to expand on this success," added Uchida. "I look forward with great enthusiasm to my new assignment as President and CEO of Canon U.S.A.," said Adachi. "I am grateful to Mr. Uchida for building a strong foundation here in the Americas. I will work tirelessly tire·less adj. Not yielding to fatigue; untiring or indefatigable. tire  less·ly adv. to continue to expand on Canon
U.S.A.'s product offerings, portfolio of services, and
relationships with dealers and customers. There are tremendous
challenges and opportunities here in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . With the help and
support of all employees, I know we will achieve great things in the
future."
Adachi joined Canon Inc. in 1970, and worked at Canon U.S.A. from 1978 through 1992. He returned to Canon Inc. in 1992, and in 1993 was named General Manager of the Photo Products Marketing Management Division. In 1997 he became Deputy Group Executive of the Photo Products Group. In 1998, Adachi was named President of Canon Canada, where he led the Company through the transition from analog to digital products and revitalized re·vi·tal·ize tr.v. re·vi·tal·ized, re·vi·tal·iz·ing, re·vi·tal·iz·es To impart new life or vigor to: plans to revitalize inner-city neighborhoods; tried to revitalize a flagging economy. the distribution channels for the Company's office imaging systems operation. Adachi was appointed President and CEO of Canon China and Canon Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. , and Chairman of Canon Singapore in 2001. Adachi led Canon's Asian operations during a time of tremendous growth throughout the region. Under his leadership, sales in Asia increased 61 percent, from $1,460 million in 2001 to $2,350 million in 2004. Sales in China grew 75 percent, from $258 million in 2001 to $451 million in 2004. About Canon U.S.A., Inc. Canon U.S.A., Inc. delivers consumer, business-to-business, and industrial imaging solutions. The Company is listed as one of Fortune's Most Admired ad·mire v. ad·mired, ad·mir·ing, ad·mires v.tr. 1. To regard with pleasure, wonder, and approval. 2. To have a high opinion of; esteem or respect. 3. Companies in America and is rated #35 on the BusinessWeek list of "Top 100 Brands." Its parent company Canon Inc. (NYSE NYSE See: New York Stock Exchange : CAJ CAJ Canadian Association of Journalists CAJ Christliche Arbeiterjugend (German Young Christian Workers) CAJ China Academic Journals CAJ Christian Academy in Japan CAJ Canaima, Venezuela (Airport Code) ) is a top patent holder of technology, ranking third overall in the U.S. in 2004, with global revenues of $33.3 billion. For more information, visit www.usa.canon.com. |
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