TDK : announces appointment of New Chairman, New President & CEO and change of Representative Director
February 22, 2022 at 02:21 am EST
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TDK announces appointment of New Chairman, New President & CEO
and change of Representative Director
February 22, 2022
TDK Corporation today announced that its Board of Directors has resolved to make the following changes to its Chairman, President & CEO and Representative Director.
1. Reason for the change
By shifting to a new management structure, TDK aims to achieve sustainable growth and enhanced corporate value.
2. Names and New Positions
As of April 1, 2022
Name
New Position
Present Position
Shigenao Ishiguro
Representative Director
Representative Director
Chairman
President & CEO
Noboru Saito
President & CEO
Senior Vice President
Mr. Shigenao Ishiguro will be appointed Chairman & Director by a resolution of the Board of Directors to be held after the 126th Ordinary General Meeting of Shareholders on June 24, 2022.
Mr. Noboru Saito will be appointed Representative Director by a resolution of the Board of Directors to be held after the 126th Ordinary General Meeting of Shareholders on June 24, 2022.
Mr. Makoto Sumita, incumbent Chairman & Director, will be Director on April 1, 2022.
3. Curriculum vitae of the New President & CEO
Name
Noboru Saito
Date of Birth
September 10, 1966
Age
55
Summary of career
Number of shares held
Mar. 1989
Graduated Doshisha University, Faculty of Law
17,100
Apr. 1989
Entered TDK Corporation (hereinafter "the Company")
May 2006
President of TDK Electronics Europe GmbH
Jan. 2007
General Manager of the Europe Sales Division of the
Electronic Components Sales & Marketing Group of the
Company
Oct. 2009
Deputy General Manager of the Europe Sales Division of
the Electronic Components Sales & Marketing Group of
TDK-EPC Corporation
TDK Corporation
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Jun. 2011 Corporate Officer of the Company
Deputy General Manager of the Electronic Components
Sales & Marketing Group of TDK-EPC Corporation
Oct. 2012 Deputy General Manager of the Electronic Components
Sales & Marketing Group of the Company
Apr. 2013 General Manager of the Electronic Components Sales &
Marketing Group of the Company
Jun. 2013 Senior Vice President of the Company (present post)
Apr. 2014 General Manager of the Electronic Components Sales &
Marketing Group of the Company
Apr. 2015 General Manager of the Corporate Strategy HQ of the
Company
Jun. 2015 Director of the Company (Jun. 2017 retired)
Apr. 2017 CEO of Sensor Systems Business Company of the
Company (present post)
Contact for media
Contact
Phone
Mail
Mr. Kazushige Atsumi TDK Corporation
+81 3 6778-1055
pr@jp.tdk.com
TDK Corporation
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Disclaimer
TDK Corporation published this content on 22 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 February 2022 07:20:04 UTC.
TDK Corporation specialises in the design, manufacture and sales of electronic products and recording equipment. Net sales break down by family product as follows:
- rechargeable batteries and energy converters (46.9%);
- electronic equipment and components (33.1%): ceramic capacitors, ferrites, magnets, inductors, high-frequency components, transformers, converters, thermistors, etc.;
- recording equipment (13.5%): recording appliances (notably magnetic heads for hard disks, heads for disk drives and thermal printer heads), recording equipment (audio and video cassettes, optical disks, computer data storage tapes, PC cards, etc.);
- other (3.5%): rechargeable batteries, memory cards, displays and mechatronic equipment.
Net sales break down geographically as follows: Japan (8%), China (56.8%), Asia (18.7%), Europe (10%) and Americas (6.5%).
TDK CORPORATION 
