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Thread: Suzuki Motors appointed new president ‘Toshihiro Suzuki’: xBhp News

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    Default Suzuki Motors appointed new president ‘Toshihiro Suzuki’: xBhp News

    Suzuki Motor Corp, the Japanese automaker has announced the appointment of ‘Toshihiro Suzuki’ as their new President and chief operating officer on Tuesday, 30th June 2015.

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    Executive vice-president Toshihiro Suzuki, 56, took over the role from his father Osamu Suzuki as president and chief operating officer effective Tuesday. Osamu Suzuki will remain as CEO and chairman.

    This appointment is a part of Osamu’s plan of bringing aboard a younger management team over the next five years to guide the company.

    Osamu Suzuki has helmed the Japanese automaker since 1978, and the question of who would succeed him, and when, has been one of the biggest issues confronting the automaker. He also had attempted to groom his son-in-law Hirotaka Ono to succeed him, but that plan was derailed when Ono died of pancreatic cancer in 2007.

    Toshihiro Suzuki said:
    India remains Suzuki’s biggest market after Japan and contributes more than 30% to its consolidated profit.
    In 2011, Toshihiro Suzuki was named one of Suzuki Motor’s four executive vice-presidents, raising speculation that he would eventually take the top post and before joining Suzuki Motor in 1994, Toshihiro had worked at the company that became Denso Corp.

    Suzuki Motor has laid out financial targets under a new five-year business plan, including a goal to raise revenue to a record in the year ending March 2020.

    News Source: Toshihiro Suzuki to take over as president of Suzuki Motor - Livemint

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    Default Re: Suzuki Motors appointed new president ‘Toshihiro Suzuki’: xBhp News

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