DENSO Announces Personnel and Organizational Changes

Contact: Bridgette LaRose
DENSO International America, Inc.
(248) 372-8266
bridgette_larose@denso-diam.com

KARIYA (Japan) ― DENSO Corporation, the world’s second largest mobility supplier, today announced changes to its leadership personnel and organization effective April 1, 2019. As the auto industry continues to evolve and move toward electrification and automated driving, these internal changes support DENSO long-term vision to create and inspire new value for the future of mobility.

1. Changes to the Executive Officers and Executive Fellows

To ensure the right people are in the appropriate positions during this critical time, the following changes will be effective April 1, 2019:

The following will be appointed as executive officers*^１:

• Yoshinobu Tao, currently Deputy Head of Purchasing Group
• Tatsushi Nakashima, currently Head of Gasoline Systems Business Unit
• Kazutada Yamada, currently Director of Chubu Sales Div.
• Shinichi Nakamizo, currently President of DENSO MEXICO
• Yasuhisa Sakurai, currently Project Director of Global Strategy Div.
• Atsushi Aratake, currently Head of Aftermarket Business Unit
• Stephen Milam, currently North America Thermal Business Unit Leader

The following will resign as executive directors:

• Bunichi Kondo
• Jack Helmboldt
• Shinsuke Yamaguchi

Nobuaki Kawahara will be appointed to executive fellow*^２. Currently, he is a Director of Advanced Research and Innovation Center.

Masato Nakagawa will resign as executive fellow.

* ¹ For details on changing the executive structure, please refer to ” New Executive Structure and Management Changes ” announced on February 18, 2019.

* ² The executive fellow position was first introduced by DENSO in 2017. Executives in this role will use their advanced expertise to lead their specialized business units and provide new value to society. This position was created based on DENSO’s policy that executives with high-level skills in a particular technology are key sources to DENSO’s competing power.”

2. Organizational Change as of April 1st, 2019

With the increasing deployment of vehicle electrification and automated driving technologies, DENSO must continue to help its customers quickly meet the needs of sophisticated steering and brake control systems. Thus, its chassis control business section will be separated from the Electric Components Business Unit and become the Chassis Control Components Business Unit. This will allow for more dedicated focus and accelerated R&D and collaboration.

3. Responsibility of Executives and Executive Officers as of April 1st, 2019

【Executives】                                  *Representative, Changes are underlined

【Executive Officers】                                         Changes are underlined

About DENSO
DENSO is a $48.1 billion global mobility supplier that develops advanced technology and components for nearly every vehicle make and model on the road today, including Toyota, Honda, FCA, GM, Ford, Volvo, and Mercedes-Benz. With manufacturing at its core, DENSO invests in its 220 facilities in 35 countries to produce thermal, powertrain, mobility, electrification, & electronic systems, to create jobs that directly change how the world moves. The company’s 170,000+ employees are paving the way to a mobility future that improves lives, eliminates traffic accidents, and preserves the environment. Globally headquartered in Kariya, Japan, DENSO spent 8.8 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2018. For more information about global DENSO, visit https://www.denso.com/global

In North America, DENSO employs 24,000+ engineers, researchers and skilled workers across 31 sites in the U.S, Canada and Mexico. In the United States alone, DENSO employs 17,000+ employees across 12 states and 25 sites. Headquartered in Southfield, Michigan, in fiscal year ending March 31, 2018, DENSO in North America generated $10.9 billion in consolidated sales. Join us, and craft not only how the world moves, but also your career. For more information, go to https://www.denso.com/us-ca/en/

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