NEC announces executive personnel changes
TOKYO, February 28, 2019 - NEC Corporation (NEC; TSE: 6701) today announced the following executive personnel changes. The changes in corporate officers were approved at a meeting of the Board of Directors on February 28, 2019 and will become effective as of April 1, 2019. The changes in the members of the Board and the Audit & Supervisory Board members (KANSAYAKU) will become effective following the adoption of the resolutions at the Ordinary General Meeting of Shareholders in June 2019.
1. Reform of and changes to the executive management team
To strengthen management capabilities by clarifying management's responsibilities and authorities and improving the speed of decision-making and business operations, executive personnel changes shall be made based on the following policies.
- Reappointment and reduction of corporate officers
As of the end of fiscal year 2018, the current employment contract with corporate officers will be terminated, and a new one-year term contract will be concluded. At the same time, the scope of responsibilities of these corporate officers shall be optimized and reporting lines shall be simplified. All officers shall be reappointed to positions corresponding to the scale of their responsibilities. Furthermore, the position of Executive Vice President (SHIKKOUYAKUIN SENMU) shall be eliminated through its integration with the position of Executive Vice President (SHIKKOUYAKUIN JOUMU). - Strengthening of group management
Presidents of major consolidated subsidiaries will be appointed as corporate officers of NEC Corporation. - Strengthening of highly skilled professionals
Some current corporate officers will be appointed to positions such as NEC Fellow.
The above policies will reduce the number of corporate officers from 48 to 41.
(1) Corporate Officers (Effective as of April 1, 2019)
Changes due to the reappointment of corporate officers| Name and Current Title | New Appointment |
|---|---|
| Motoo Nishihara, Senior Vice President | Executive Vice President |
| Tomoyasu Nishimura, Senior Vice President | Executive Vice President |
| Noritaka Taguma, Senior Vice President | Executive Vice President |
| Toshiya Matsuki, Executive Vice President (SHIKKOUYAKUIN SENMU) | Executive Vice President (SHIKKOUYAKUIN JOUMU) |
| Yukio Ito, Executive Vice President | Senior Vice President |
| Name and Current Title | New Appointment |
|---|---|
| Kimihiko Fukuda, Executive Vice President | Senior Vice President President, NEC Platforms, Ltd. |
| Yasuyuki Nakae, President, NEC Fielding, Ltd. | Senior Vice President President, NEC Fielding, Ltd. |
| Kiyoshi Sugiyama, President, NEC Solution Innovators, Ltd. | Senior Vice President President, NEC Solution Innovators, Ltd. |
| Name and Current Title | New Appointment |
|---|---|
| Katsumi Emura, Executive Vice President and Member of the Board | NEC Fellow and Member of the Board |
| Yasunori Mochizuki, Senior Vice President | NEC Fellow |
| Kenji Ishibashi, Senior Vice President | Senior Executive |
| Toshimitsu Shimizu, Senior Vice President | Senior Executive |
| Tetsuro Akagi, Senior Vice President | Senior Executive |
| Naoki Kato, Senior Vice President | Senior Executive |
| Koji Sato, Senior Vice President | Senior Executive |
| Masazumi Takata, Senior Vice President | Senior Executive |
| Nozomu Watanabe, Senior Vice President | Senior Executive |
| Chika Sato, Senior Vice President | Senior Executive |
| Name and Current Title | New Appointment |
|---|---|
| Toshifumi Yoshizaki, Corporate Executive | Senior Vice President |
| Kazunori Sudo, General Manager, AI Platform Division | Senior Vice President |
| Hiroyuki Nagano, Vice President, Public Infrastructure Business Unit | Senior Vice President |
| Hiroshi Hashimoto, General Manager, Transportation and Logistics Solutions Division | Senior Vice President |
| Kunikazu Amemiya, Vice President, Public Solutions Business Unit | Senior Vice President |
| Name and Current Title | New Appointment |
|---|---|
| Kazuhiro Takada, Executive Vice President | Advisor to the President |
| Katsuhiro Sasaki, Senior Vice President | Advisor to the President |
| Yutaka Matsushita, Senior Vice President | Advisor, NEC Facilities, Ltd. |
| Hiroshi Suzuki, Senior Vice President | Executive Vice President and Member of the Board, NEC Fielding, Ltd. |
(Remarks) Any existing corporate officers not listed above shall be reappointed to their current position.
(2) Members of the Board
(Effective following the adoption of the resolution at the Ordinary General Meeting of Shareholders in June 2019)
New Members of the Board| Name and Current Title | New Appointment |
|---|---|
| Motoo Nishihara, Senior Vice President (Executive Vice President as of April 1, 2019) | Executive Vice President and Member of the Board |
| Masatoshi Ito, Representative Director and Chairman of the Board, Ajinomoto Co., Inc. | Member of the Board (Outside Director) |
| Kuniharu Nakamura, Chairman of the Board of Directors, Sumitomo Corporation | Member of the Board (Outside Director) |
| Name and Current Title | Appointments after retirement |
|---|---|
| Katsumi Emura, Executive Vice President and Member of the Board (NEC Fellow and Member of the Board as of April 1, 2019) | NEC Fellow |
| Motoyuki Oka, Member of the Board (Outside Director) | - |
| Kunio Noji, Member of the Board (Outside Director) | - |
(3) Audit & Supervisory Board Members (KANSAYAKU)
(Effective following the adoption of the resolution at the Ordinary General Meeting of Shareholders in June 2019)
| New Audit & Supervisory Board Members (KANSAYAKU) and Current Title |
| Nobuo Nakata*, Attorney at Law |
- *Outside Audit & Supervisory Board Member (KANSAYAKU)
| Retiring Audit & Supervisory Board Members (KANSAYAKU) |
| Takeshi Kikuchi* |
- *Outside Audit & Supervisory Board Member (KANSAYAKU)
2. Reorganization of business structure in response to changes in the market (Effective as of April 1, 2019)
(1) Establishment of Chief Digital Officer (CDO)
To accelerate the digitization of business, establish the position of CDO. The CDO will be responsible for medium- and long-term management strategies centered on digital transformation. This will result in the elimination of the position of Chief Strategy Officer (CSO).
(2) Establishment of Cross-Industry Unit
To flexibly and swiftly proceed with the development of new businesses through public-private partnerships and cross-industry collaboration toward the realization of "Society 5.0," newly establish a Cross-Industry Unit. Responsible for all phases in the process ranging from business verification to business development and initial business deployment, this new organization will focus on business development in the Smart City, Mobility, Fast Travel, and Public Safety Network fields at the outset.
(3) Establishment of Digital Business Platform Unit
Reorganize the current System Integration, Services & Engineering Operations Unit and establish the Digital Business Platform Unit. In addition to being responsible for integrating resources such as internal AI, security, and biometrics, the newly established unit will integrate the functions of strategy formulation and asset and product supply to strengthen competitiveness.
Chief Officers (Effective as of April 1, 2019)| CEO (Chief Executive Officer) | Takashi Niino, President and Member of the Board (Representative Director) |
| CFO (Chief Financial Officer) | Takayuki Morita, Senior Executive Vice President and Member of the Board (Representative Director) |
| CHRO (Chief Human Resources Officer) | Hajime Matsukura, Executive Vice President and Member of the Board |
| CLCO (Chief Legal and Compliance Officer) | Shinobu Obata, Senior Vice President |
| CDO (Chief Digital Officer) | Chikara Ishii, Executive Vice President |
| CTO (Chief Technology Officer) | Motoo Nishihara, Executive Vice President |
| CMO (Chief Marketing Officer) | Makoto Enomoto, Senior Vice President |
| CIO (Chief Information Officer) | Hiroshi Kodama, Executive Vice President |
| CISO (Chief Information Security Officer) | |
| CSCO (Chief Supply Chain Officer) | Shigeki Shimizu, Senior Vice President |
| Cross-Industry Unit | Yutaka Ukegawa, Senior Vice President |
| Global Business Unit | Akihiko Kumagai, Senior Executive Vice President |
| Public Solutions Business Unit | Chikara Nakamata, Executive Vice President |
| Public Infrastructure Business Unit | Noritaka Taguma, Executive Vice President |
| Enterprise Business Unit | Kazuhiro Sakai, Executive Vice President |
| Network Services Business Unit | Atsuo Kawamura, Executive Vice President |
| Digital Business Platform Unit | Hiroshi Kodama, Executive Vice President |
| System Platform Business Unit | Tomoyasu Nishimura, Executive Vice President |
| Business Innovation Unit | Osamu Fujikawa, Senior Vice President |
| Central Research Laboratories | Motoo Nishihara, Executive Vice President |
Please see the attachment for brief biographies of the newly appointed members of the board and Audit & Supervisory Board members (KANSAYAKU).
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About NEC Corporation
NEC Corporation is a leader in the integration of IT and network technologies that benefit businesses and people around the world. The NEC Group globally provides "Solutions for Society" that promote the safety, security, efficiency and equality of society. Under the company's corporate message of "Orchestrating a brighter world," NEC aims to help solve a wide range of challenging issues and to create new social value for the changing world of tomorrow. For more information, visit NEC at https://www.nec.com.
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