News Release

Epson Announces Executive Personnel Changes

- TOKYO, Japan, April 30, 2020 -

Seiko Epson Corporation (TSE: 6724, "Epson") today announced that a meeting of its board of directors had provisionally approved the following executive personnel changes. The changes are subject to final approval at the company's annual general meeting scheduled to be held on June 25, 2020.
The lineup of executive officers from June 25 has also been approved.

1. Reasons for changes

Now in the second year of the Epson 25 Phase 2 Mid-Range Business Plan (FY2019-21), Epson has implemented these changes with the aims of further strengthening its corporate governance, and of accelerating its efforts to create a strong organization capable of generating ongoing improvements in corporate value and growth.

2. Appointment and retirements of directors

Appointments

  • Susumu Murakoshi

    Director (outside director), Audit & Supervisory Committee Member

  • Michiko Ohtsuka

    Director (outside director), Audit & Supervisory Committee Member

Retirements

  • Michihiro Nara

    Currently director (outside director), Audit & Supervisory Committee Member
    * Retirement due to expiry of term.

  • Chikami Tsubaki

    Currently director (outside director), Audit & Supervisory Committee Member
    * Retirement due to expiry of term.

3. Appointment of executive officers (excludes executive officers jointly holding directorships)

Appointments

  • Junkichi Yoshida

    Executive officer (currently deputy general administrative manager, DX Division, and general manager, P Strategic Planning Department, Printing Solutions Operations Division)

  • Samba Moorthy

    Executive officer (currently managing director, Epson India Pvt. Ltd.)

  • Yoichi Yamada

    Executive officer (currently deputy chief operating officer, Printing Solutions Operations Division)

4. Planned date of changes

June 25, 2020

Note: Proposed appointments after June 25, 2020

1. Directors

Minoru Usui Chairman and Director
Yasunori Ogawa President and Representative Director
Koichi Kubota Representative Director, Senior Managing Executive Officer
Tatsuaki Seki Director, Managing Executive Officer
Masayuki Kawana Director, Executive Officer
Toshiya Takahata Director, Executive Officer
Hideaki Omiya Director (outside director)
Mari Matsunaga Director (outside director)
Taro Shigemoto Director, Full-Time Audit & Supervisory Committee Member
Yoshio Shirai Director (outside director), Audit & Supervisory Committee Member
Susumu Murakoshi Director (outside director), Audit & Supervisory Committee Member (new appointment)
Michiko Ohtsuka Director (outside director), Audit & Supervisory Committee Member (new appointment)

Total: 12

2. Executive Officers (excludes executive officers jointly holding directorships)

Motonori Okumura Managing Executive Officer
Junichi Watanabe Managing Executive Officer
Hideki Shimada Managing Executive Officer
Akihiro Fukaishi Executive Officer
Yoshiyuki Moriyama Executive Officer
Naoyuki Saeki Executive Officer
Nobuyuki Shimotome Executive Officer
Kazuyoshi Yamamoto Executive Officer
Munenori Ando Executive Officer
Hitoshi Igarashi Executive Officer
Keith Kratzberg Executive Officer
Isamu Otsuka Executive Officer
Eiichi Abe Executive Officer
Kazuhiro Ichikawa Executive Officer
Keijiro Naito Executive Officer
Yoshifumi Yoshida Executive Officer
Andrea Zoeckler Executive Officer
Yoshiro Nagafusa Executive Officer
Satoru Hosono Executive Officer
Fuminori Suzumura Executive Officer
Akifumi Takei Executive Officer
Junkichi Yoshida Executive Officer (new appointment)
Samba Moorthy Executive Officer (new appointment)
Yoichi Yamada Executive Officer (new appointment)
Sunao Murata Technology Officer
Tsuyoshi Kitahara Technology Officer

Total: 26

3. Special Audit & Supervisory Officer

Akihiko Toeda Special Audit & Supervisory Officer

About Epson
Epson is a global technology leader dedicated to becoming indispensable to society by connecting people, things and information with its original efficient, compact and precision technologies. The company is focused on driving innovations and exceeding customer expectations in inkjet, visual communications, wearables and robotics. Epson is proud of its contributions to realizing a sustainable society and its ongoing efforts to realizing the United Nations' Sustainable Development Goals.
Led by the Japan-based Seiko Epson Corporation, the worldwide Epson Group generates annual sales of more than JPY 1 trillion.
global.epson.com/