Renesas Electronics Corporation announced that following the resignation of current CEO Bunsei Kure from his positions as Representative Director, President and CEO on June 30, 2019, Hidetoshi Shibata has been named its Representative Director, President and CEO, effective July 1, 2019. The newly appointed President & CEO, Hidetoshi Shibata joined Renesas in 2013 when the company was in crisis, and as Executive Vice President, Member of the Board and CFO.