by Greg Tarr of TWICE /
02.28.2013 02:11 PM
Panasonic Names First Woman To Executive Board
Hiroko Ota of Tokyo’s National Graduate Institute for Policy Studies appointed
OSAKA, JAPAN-- Panasonic trimmed its board of executive officers Wednesday and named the first female member in the company’s 95-year history, according to reports out of Japan.

 

Panasonic named Hiroko Ota, a former economic and fiscal policy minister now teaching at Tokyo’s National Graduate Institute for Policy Studies, to its board, Bloomberg reported.

At the same time, the company said in a statement it has eliminated nine executive officers, dropping the board from 30 to 21. Some of those former members are retiring without being replaced.

President Kazuhiro Tsuga, 56, is in the process of preparing a revival plan for the Japanese TV and consumer electronics giant as its prepares for an estimate fourth annual loss in five years.

Panasonic posted a 772 billion-yen ($8.4 billion) net loss in the year ended March 2012.

Meanwhile, Bloomberg said the company is adding a director to its previous 16, and will keep five auditors.

Panasonic reported a profit last quarter after eliminating 13,000 jobs.

Retiring executive officers include Shiro Kitajima, president of a North American marketing unit, whose duties will be added to those of Joseph Taylor.

According to reports in Japan, Tsuga is expected to announce a new medium-term plan next month that could place greater emphasis on divisions offering the highest profit margins, such as beauty products, while decreasing reliance on lower-margin products such as TVs. ~ from TWICE.



Comments
Post New Comment
If you are already a member, or would like to receive email alerts as new comments are
made, please login or register.

Enter the code shown above:

(Note: If you cannot read the numbers in the above
image, reload the page to generate a new one.)

No Comments Found




Tuesday 03:07 PM
WMUR-TV Says FAA Drone Rules Preclude ENG
The FAA’s current rules and proposed ban on flight over people, requirement of visual line of sight and restriction on nighttime flying, effectively prohibit broadcasters from using UAS for newsgathering. ~ WMUR-TV General Manager Jeff Bartlett

D. Pagan Communications /   Friday 10:35 AM
Blue Line is Hot on the Trail of DPA Microphones
Clyne Media, Inc /   Thursday 09:51 PM
Focusrite Expands RedNet Range

 
Featured Articles
Discover TV Technology