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SANYO NAMES HIGH-RANKING EXECUTIVE TO NORTH AMERICAN POST

 SANYO NAMES HIGH-RANKING EXECUTIVE TO NORTH AMERICAN POST
 NEW YORK, Feb. 28 /PRNewswire/ -- Motoharu Iue has been appointed president and chief executive officer of Sanyo North America Corporation, the New York-based regional headquarters for the 23-company Sanyo North America Group. The appointment becomes effective today.
 The 55-year-old Iue is a director of Sanyo Electric Co., Ltd., and Tottori Sanyo Electric Co., Ltd., where he was executive vice president prior to being named president of SNA. He succeeds Yoshio Shimoda who will continue as a director of the parent company.
 Iue first became involved in Sanyo's North American business in 1978 as president of Sanyo E&E Corporation, a position he held for 10 years. In 1986, he was appointed president of the U.S.A. Liaison Office, a predecessor organization to Sanyo North America Corp. Iue was named chairman of Sanyo North America Corporation when it was established in 1988, a position he held until his transfer to Tottori Sanyo.
 A graduate of Doshisha University with a degree in economics, Iue joined Sanyo in 1959. He was appointed a director in 1978, and managing director in 1978, and managing director and deputy general manager of Sanyo's refrigeration business headquarters in 1986.
 Sanyo North America Corporation is Sanyo's first regional headquarters outside Japan. Sanyo Electric Co., Ltd., based in Osaka, Japan, is a global manufacturer of electronic products with annual sales in excess of US$12 billion and 100 overseas subsidiaries in 27 countries around the world.
 -0- 2/28/92
 /CONTACT: Nancy Ann Brown of Sanyo North America, 212-315-3232/ CO: Sanyo North America Corporation ST: New York IN: CPR SU: PER


TQ-KW -- NY060 -- 3869 02/28/92 16:24 EST
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Date:Feb 28, 1992
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