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Tarrytown, New York, February 3, 2011 – Hitachi, Ltd. (NYSE: HIT/TSE: 6501) today announced that the appointment of Takashi Hatchoji as Group Chairman for the Americas, Hitachi Ltd., and Chairman of Hitachi America, Ltd., effective on April 1, 2011. He is also scheduled to be appointed as a Director at Hitachi’s Ordinary General Meeting of Shareholders in late June. Tadahiko Ishigaki, currently Senior Vice President and Executive Officer, Chief Executive for the Americas and Chairman of Hitachi America, Ltd., will return to Japan working with Hitachi, Ltd., effective on April 1, 2011.
Currently, Mr. Hatchoji is Executive Vice President and Executive Officer, in charge of Urban Planning and Development Systems Business, Defense Systems Business, Corporate Planning, Environmental Strategies, Human Capital, Legal & Corporate Communications, Corporate Brand and Corporate Auditing, General Manager of Supervisory Office for Business Infrastructure, Hitachi Group Chief Environmental Strategy Officer, General Manager of Supervisory Office for Product Environmental Information. He also served as President and Director of Hitachi Research Institute, Ltd. from 2007-2009. Prior to that, he was Executive Vice President and Executive Officer in Hitachi, Ltd. from 2006-2007, Senior Vice President and Executive Officer from 2004-2006 and Vice President and Executive Officer from 2003-2004. In 2003 he was appointed as General Manager of Legal and Communications, he was also assigned COO and CTO of the Information & Telecommunication Systems Group from 2002-2003. Prior to that, he was assigned as Executive General Manager of the Business Solution System Division in 2001 and appointed as General Manager of the Corporate Planning & Development Office in1997. He joined Hitachi, Ltd. in 1970. He graduated from Hitotsubashi University with a BA in Commerce.
Mr. Ishigaki has served as Senior Vice President and Executive Officer, and Chief Executive for the Americas, Hitachi, Ltd., and Chairman of Hitachi America, Ltd., since April 2008. Prior to his current post he served as Senior Vice President and Executive Officer, and Chief Executive for North America, Hitachi, Ltd., and Chairman of Hitachi America, Ltd., since January 2007. He was Senior Vice President and Executive Officer, and General Manager of the Corporate Marketing Group, Hitachi, Ltd. from 2006-2007. He previously was President & Director, Hitachi Home & Life Solutions, Inc. and Vice General Manager of the Consumer Business Group, Hitachi, Ltd. from 2004-2006. From 1993-2004 he served in a number of headquarters-based senior executive marketing positions for Hitachi, Ltd including senior management roles for Hitachi’s consumer electronics businesses, including executive positions at Hitachi Europe. He joined Hitachi, Ltd. in 1968. He graduated from Faculty of Business and Commerce, Keio University.
Hitachi America, Ltd., headquartered in Tarrytown, New York, a subsidiary of Hitachi, Ltd., and its subsidiary companies, offers a broad range of electronics, power and industrial equipment and services, automotive products and consumer electronics with operations throughout the Americas. For more information, visit www.hitachi-america.us. For information on other Hitachi Group companies in the United States, please visit www.hitachi.us.
Hitachi, Ltd., (NYSE: HIT / TSE: 6501), headquartered in Tokyo, Japan, is a leading global electronics company with approximately 360,000 employees worldwide. Fiscal 2009 (ended March 31, 2010) consolidated revenues totaled 8,968 billion yen ($96.4 billion). Hitachi will focus more than ever on the Social Innovation Business, which includes information and telecommunication systems, power systems, environmental, industrial and transportation systems, and social and urban systems, as well as the sophisticated materials and key devices that support them. For more information on Hitachi, please visit Hitachi’s website at www.hitachi.com.
Hitachi America, Ltd.