Mitsubishi has announced that Osamu Masuko has resigned as chairman of the board and representative executive officer, due to health reason.
Takao Kato, member of the board and representative executive officer, chief executive officer, will temporarily cover the duties of the chairman. Masuko assumed a position as a special advisor.
Masuko was appointed to the president, MMC, in 2005. During his tenure as the president and CEO, Masuko led the company in various areas including the introduction of advanced eco conscious vehicles such as EV and PHEV, as well as the expansion of production and sales in the ASEAN region. Masuko is going to support MMC as a special advisor by fully leveraging his knowledge and experience.