Denso appoints new chair and president

July 2, 2002
Denso International America Inc. announced that its president & CEO, Mitsunobu Takeuchi, has become chair & CEO. Mitsuo Matsushita, former executive vp of Denso Europe B.V. was appointed president & COO. Takeuchi has 38 years of international business expertise with Denso, much of it in North America. In 1997, when Takeuchi was appointed president of Denso International America, North American consolidated
Denso International America Inc. announced that its president & CEO, Mitsunobu Takeuchi, has become chair & CEO. Mitsuo Matsushita, former executive vp of Denso Europe B.V. was appointed president & COO.

Takeuchi has 38 years of international business expertise with Denso, much of it in North America. In 1997, when Takeuchi was appointed president of Denso International America, North American consolidated sales totaled $2.5 billion with 8,800 employees at 14 locations. Consolidated sales for the Americas have climbed to $4.8 billion with 14,000 employed.

In his new role, Matsushita will manage Denso International America, mainly focusing on customer relationships with U.S.-based car manufacturers. He helped lead expansion of Denso’s European business including the acquisition of Denso Manufacturing Italia S.p.A. in 1999 and DENSO Thermal Systems S.P.A. in 2001.

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Tim Parry

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