Suzuki chairman and CEO Osamu Suzuki announced Tuesday the appointment of his son and likely successor, Toshihiro Suzuki, to the role of president.
Toshihiro's appointment is part of Osamu's plan of bringing aboard a younger management team over the next five years to guide the company, Automotive News reports, with Osamu overseeing the changeover:
We thought we needed to rejuvenate ourselves, and in that case it would be best if I left first. But I am so full of conceit that I cannot do that.
Osamu took on the mantle of president and chief operations officer following Hiroshi Tsuda' 2008 resignation over poor health. His son, who observers see as his successor since the 2007 passing of son-in-law Hirotaka Ono, will take the mantle July 1.
Toshihiro headed the company's Iwata factory west of Tokyo and managed mini and compact car production at Kosai early in his career, after which he acted as the company's liaison at General Motors beginning in 2001. There, he helped facilitate exchanges of technology between the two companies, including those surrounding a jointly developed FCV. GM would divest itself of its 20 percent of Suzuki by 2008, a decade after first agreeing to a joint venture with the company.
Whether Toshihiro or another ultimately takes the helm of Suzuki, Osamu's successor will have much to carry upon their shoulders, such as defending its stronghold in India while pursuing newer markets, and acquiring financing via new partnerships for new, greener powertrain technologies. They will also have the burden of handling the fallout from the dissolution of the company's partnership with Volkswagen; the case recently finished arbitration, with both parties awaiting a ruling.
The post Suzuki CEO Appoints Toshihiro Suzuki To President, COO Roles appeared first on The Truth About Cars.
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