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Stock impact report

Renesas Electronics Announces Executive Personnel Changes and New Organization Structure

RENESAS ELECTRON UNSP/ADR (RNECY) 
NASDAQ:AMEX Investor Relations: renesas.com/en-us/about/ir.html
Company Research Source: Business Wire
TOKYO--(BUSINESS WIRE)--Renesas Electronics Corporation (TSE: 6723), a premier supplier of advanced semiconductor solutions, today announced changes to its organizational structure and executive personnel.1. Change in Organizational StructureEffective July 31, 2019, with the aim of strengthening collaboration among administrative divisions, the Corporate Planning Unit, the Organization Development Unit, and the Supply Chain Management Unit will all be dissolved and return to their individual division-level structures and operations. In addition, a new CEO Office will be established on August 1, 2019, to promote communication inside and outside the company.2. Executive Personnel ChangesNote: Asterisks (*) indicate position currently held.(1) Outline of the changes to Executive Vice President (As of July 31, 2019)[Retiring Executive Vice President]Hirotaka Yamanami*Yamanami will assume the role of Senior Advisor effective August 1, 2019.(2) Outline of the changes to Senior Vice Pres Show less Read more
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