Renesas Technology Announces Changes in Management Team.TOKYO -- Renesas Technology Renesas Technology Corporation (ルネサス テクノロジ| Corp. announced changes in its management team, which had been decided in Renesas' board meeting today. Satoru Ito, President & 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. will be appointed to Chairman & CEO and will oversee all aspects of the management of Renesas Technology. Katsuhiro Tsukamoto, Executive Vice President will be appointed to President & COO (Cell Of Origin) See mobile positioning. and will focus on business operations Business operations are those activities involved in the running of a business for the purpose of producing value for the stakeholders. Compare business processes. The outcome of business operations is the harvesting of value from assets . The new appointments will strengthen the company's corporate structure and contribute to more responsive and more agile management The introduction to this article provides insufficient context for those unfamiliar with the subject matter. Please help [ improve the introduction] to meet Wikipedia's layout standards. You can discuss the issue on the talk page. of the company. Yasuhiko Fukuda, Senior Executive Vice President, Board Director and Katsumi Suizu, Senior Vice President, Board Director will retire from their current positions on March 31, 2006. In addition, Yutaka Funada, Koji Yamanaka and Tadashi Nishimura will be promoted to Board Directors on April 1, 2006. Finally, as part of the company's efforts to strengthen the area of internal control functions, Toshio Nohara will be newly appointed to the post of Corporate Auditor.
Details of the Renesas management changes are as follows:
-- Directors to resign (on March 31, 2006)
Yasuhiko Fukuda, currently Senior Executive Vice President,
Board Director
(Scheduled to be appointed as Corporate Advisor)
Katsumi Suizu, Senior Vice President, Board Director
(Scheduled to be appointed as Corporate Advisor)
-- Directors to be promoted (as of April 1, 2006)
Satoru Ito, Chairman & CEO
(Currently President & CEO)
Katsuhiro Tsukamoto, President & COO
(Currently Executive Vice President, Board Director)
Shigeo Uoya, Senior Vice President, Board Director
(Currently Board Director)
Takeo Kawano, Senior Vice President, Board Director(1)
(Currently Board Director) (1) Concurrently serving as CFO
-- New candidates for Directors and Corporate Auditor (as of
April 1, 2006)
Yutaka Funada, Board Director
(Currently President, Renesas Technology Europe GmbH)
Koji Yamanaka, Board Director
(Currently President, Renesas Northern Japan Semiconductor,
Inc.)
Tadashi Nishimura, Board Director
(Currently Managing Officer)
Toshio Nohara, Corporate Auditor
(Currently General Manager, Semiconductor Business Division,
Hitachi, Ltd.)
Katsuhiro Tsukamoto, President & COO and Chikara Onishi, Executive Vice President, Board Director will be appointed to Representative Directors as of April 1, 2006. About Renesas Technology Corp. Renesas Technology Corp. is one of the world's leading semiconductor system solutions providers for mobile, automotive and PC/AV (Audio Visual) markets and the world's No.1 supplier of microcontrollers. It is also a leading provider of LCD (Liquid Crystal Display) A display technology that uses rod-shaped molecules (liquid crystals) that flow like liquid and bend light. Unenergized, the crystals direct light through two polarizing filters, allowing a natural background color to show. Driver ICs, Smart Card microcontrollers, RF-ICs, High Power Amplifiers Power amplifier The final stage in multistage amplifiers, such as audio amplifiers and radio transmitters, designed to deliver appreciable power to the load. , Mixed Signal ICs, System-on-Chip (SoC), System-in-Package (SiP) and more. Established in 2003 as a joint venture between Hitachi, Ltd. (TOKYO:6501) (NYSE NYSE See: New York Stock Exchange :HIT) and Mitsubishi Electric Mitsubishi Electric Corporation (三菱電機株式会社 Corporation (TOKYO:6503), Renesas Technology achieved consolidated revenue of 1002.4 billion JPY JPY In currencies, this is the abbreviation for the Japanese Yen. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. in FY2004 (end of March 2005). Renesas Technology is based in Tokyo, Japan and has a global network of manufacturing, design and sales operations in around 20 countries with about 26,000 employees worldwide. For further information, please visit http://www.renesas.com. Product names, company names, or brands mentioned are the property of their respective owners. |
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