Shin-ichiro Nagashima retires as chairman of Canon Virginia.LAKE SUCCESS, N.Y.--(BUSINESS WIRE)--December 18, 1995--Haruo Murase, 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. of Canon U.S.A., Inc. today announced the retirement of Mr. Shin-ichiro Nagashima, as chairman and CEO of Canon Virginia, Inc., and as executive vice president of Canon U.S.A., Inc. effective Dec. 31, 1995. Upon his retirement, Mr. Nagashima will serve as executive advisor and chairman emeritus of Canon Virginia, and will act as community liaison for the company. He will also serve as an advisor to Canon Inc. Nagashima joined Canon Virginia in 1986 as the company's first president, and became chairman in 1993. Canon Virginia is the largest Canon manufacturing facility 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. . Nagashima began his career with Canon Inc. in Tokyo in 1966. He served as manager of the photographic development department at Canon's research center, and was named a research department manager at the center in 1973. Nagashima originated 160 patents on electrophotography and has published numerous research reports on the subject. He was appointed general manager of Canon Inc.'s Chemical Products Division in Toride, Japan, and became plant manager of the Toride facility in 1982. Under Nagashima's direction, the plant became the largest copier production facility in the world. Nagashima served as a member of the board of directors of Canon Inc., from 1982 to 1992. Nagashima serves as president of C.S. Polymer, Inc., a joint venture between Canon Inc. and Seiko Kagaku Kogyo Inc., based in Newport News Newport News, independent city (1990 pop. 170,045), SE Va., on the Virginia peninsula, at the mouth of the James River, off Hampton Roads, near Norfolk; inc. 1896. , Va. C.S. Polymer produces resins used as raw materials for Canon toner products. In addition, Nagashima serves as chairman and president of SouthTech, Inc. of Tappahannock, Va. SouthTech is a joint venture between Canon Virginia, Daishin Sangyo Co., Ltd., and Matsuda Kogyosho Co., Ltd., which provides injection molding injection molding n. A manufacturing process for forming objects, as of plastic or metal, by heating the molding material to a fluid state and injecting it into a mold. , metal stamping, and sub assembly operations for Canon Virginia. Nagashima serves on the board of directors of United Solar Systems Corporation, a joint venture of Canon Inc., and Energy Conversion Devices, Inc. He also served as the company's president from 1993 to 1995. In 1993, Nagashima became chairman of Canon Business Machines in Costa Mesa Costa Mesa (kŏs`tə mā`sə), city (1990 pop. 96,357), Orange co., S Calif., on the Pacific south of Santa Ana; inc. 1953. It is a transportation, residential, and light industrial center. , Calif. This year he became chairman of Custom Integrated Technology, a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Canon Virginia, which remanufactures Canon copiers and handles product customization and integration for major computer peripheral companies. In 1989, Christopher Newport University Christopher Newport University, locally abbreviated as CNU, is a small liberal arts university located in Newport News, Virginia. It was established in 1960 as a two-year school of the College of William and Mary. awarded Nagashima an honorary doctor of science degree, and he is currently serving his second term on the University's Board of Visitors. In 1995, he received the Honorary Alumnus ALUMNUS, civil law. A child which one has nursed; a foster child. Dig. 40, 2, 14. Award for his service to the University. Nagashima serves on the board of the directors of the Japan-Virginia Society, (of which he is honorary co-chairman), and of the Virginia Peninsula Economic Development Council. He is also a member of the School of Business Advisory Board at the College of William and Mary Noun 1. William and Mary - joint monarchs of England; William III and Mary II and is a trustee for United Way of the Virginia Peninsula. CONTACT: Russell Marchetta Canon U.S.A., Inc. 516-328-5145 |
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