Hitachi Announces Director Candidates
Tokyo, February 4, 2014 – Hitachi, Ltd. (TSE:6501) today announced director candidates in accordance with a decision taken at a meeting of Nominating Committee convened today, subject to approval at Hitachi’s Ordinary General Meeting of Shareholders in June 2014.
1. Director Candidates [* New]
Proposed at Hitachi’s Ordinary General Meeting of Shareholders in June 2014
Note: Director Candidates are listed in Japanese alphabetical order of surname within each grouping.
<Outside Director>
Nobuo Katsumata, currently Outside Director of Hitachi, Ltd., Senior Corporate Advisor of Marubeni Corporation
Cynthia Carroll, currently Outside Director of Hitachi, Ltd., Non-Executive Director of BP plc. (UK)
Sadayuki Sakakibara, currently Outside Director of Hitachi, Ltd., Chairman of the Board and Representative Member of the Board, Toray Industries, Inc.
George Buckley, currently Outside Director of Hitachi, Ltd., Chairman of Arle Capital Partners Limited (UK)
Harufumi Mochizuki, currently Outside Director of Hitachi, Ltd., President and Representative Director of Tokyo Small and Medium Business Investment & Consultation Co., Ltd.
Philip Yeo, currently Outside Director of Hitachi, Ltd., Chairman of SPRING Singapore
*Hiroaki Yoshihara, former Vice Chairman of KPMG International
<Director>
Hiroaki Nakanishi, currently Director, Representative Executive Officer and President of Hitachi, Ltd.
Takashi Hatchoji, currently Director of Hitachi, Ltd., Chairman of the Board of Hitachi America, Ltd.
*Toshiaki Higashihara, currently Senior Vice President and Executive Officer of Hitachi, Ltd.
Takashi Miyoshi, currently Director of Hitachi, Ltd.
*Nobuo Mochida, currently Representative Executive Officer, Executive Vice President and Executive Officer of Hitachi, Ltd.
Each Committee will be composed of the following members (Chair Underlined)
| Nominating Committee |
Nobuo Katsumata, Sadayuki Sakakibara, Harufumi Mochizuki, Hiroaki Nakanishi |
|---|---|
| Audit Committee | Takashi Miyoshi, Nobuo Katsumata, Harufumi Mochizuki, Hiroaki Yoshihara, Nobuo Mochida |
| Compensation Committee | Harufumi Mochizuki, Nobuo Katsumata, Sadayuki Sakakibara, Toshiaki Higashihara |
2. Retiring Directors
Takashi Kawamura, currently Chairman of the Board of Hitachi, Ltd.
Yoshie Ota, currently Outside Director of Hitachi, Ltd.
Tohru Motobayashi, currently Outside Director of Hitachi, Ltd., Attorney at law, Partner of Ihara and Motobayashi
Michijiro Kikawa, currently Director of Hitachi, Ltd., Chairman of the Board of Hitachi Construction Machinery Co., Ltd.
Stephen Gomersall, currently Director of Hitachi, Ltd., Deputy Chairman of Hitachi Europe Ltd.
3. Biography of New Director Candidates
Hiroaki Yoshihara
| 1. Date of Birth: | February 9, 1957 |
|---|---|
| 2. Education: | |
| March, 1979 | Graduated from Osaka University, Bachelor of Science in Economics |
| 3. Professional Experience: | |
| June, 2008 | Member of the Board of Directors (Outside Director), Murata Manufacturing Co., Ltd. |
| October, 2003 | Vice Chairman and Global Managing Partner, KPMG International (Retired in April, 2007) |
| October, 1997 | The Board Member, KPMG LLP |
| July, 1996 | National Managing Partner, the Pacific Rim Practice, KPMG LLP |
| November, 1978 | Joined Peat Marwick Mitchell & Co. |
Toshiaki Higashihara
| 1. Date of Birth: | February 16, 1955 |
|---|---|
| 2. Education: | |
| September, 1990 | Master of Science in Computer Science, Boston University |
| March, 1977 |
Graduated from Faculty of Engineering, The University of Tokushima |
| 3. Professional Experience: | |
| April, 2013 |
Senior Vice President and Executive Officer President &CEO of Infrastructure Systems Group and Infrastructure Systems Company, Hitachi, Ltd. |
| April, 2012 | Vice President and Executive Officer, Vice President and Executive Officer of Infrastructure Systems Group, General Manager of Water Environment Solutions Division, Hitachi, Ltd. |
| April, 2011 | Vice President and Executive Officer, in charge of Industrial & Social Systems Business, Hitachi, Ltd. |
| June, 2010 | President and Representative Director of Hitachi Plant Technologies, Ltd. |
| April, 2010 | Representative Executive Officer, President and Chief Executive Officer of Hitachi Plant Technologies, Ltd. |
| April, 2008 | President of Hitachi Power Europe GmbH |
| April, 2007 | Vice President and Executive Officer, Chief Operating Officer of Power Systems Group, Hitachi, Ltd. |
| April, 2006 | Chief Operating Officer of Information & Telecommunication Systems Group, Hitachi, Ltd. |
| April, 2004 | General Manager of Information & Control Systems Division, Information & Telecommunication Systems Group, Hitachi, Ltd. |
| October, 2001 | General Manager of Public Utility and Energy Industry Information Systems Division, Information & Control Systems Division, System Solutions Group, Hitachi, Ltd. |
| August, 2000 | Senior Manager of Public Utility and Energy Industry Information Systems Design Department, Information & Control Systems Division, Power & Industrial Systems Group, Hitachi, Ltd. |
| April, 1999 | Senior Manager of Transportation Systems Design Department, Omika Industrial Systems Division, Power & Industrial System Group, Hitachi, Ltd. |
| April, 1977 | Joined Hitachi, Ltd. |
Nobuo Mochida
| 1. Date of Birth: | April 1, 1947 |
|---|---|
| 2. Education: | |
| March, 1970 | Graduated from Faculty of Engineering, The University of Tokyo |
| 3. Professional Experience: | |
| October, 2013 | Representative Executive Officer, Executive Vice President and Executive Officer, Head of MONOZUKURI & Quality Assurance, Hitachi, Ltd. |
| August, 2012 |
Representative Executive Officer, Executive Vice President and Executive Officer, Project Leader of Production Cost Transformation Project, Smart Transformation Project Initiatives Division, Hitachi, Ltd. Chairman of the Board of Hitachi Metals, Ltd. |
| April, 2010 |
Representative Executive Officer, Executive Vice President and Executive Officer, General Manager of Corporate Quality Assurance Division and Supervisory Office for MONOZUKURI, Deputy General Manager of Supervisory Office for Business Infrastructure, Hitachi, Ltd. Chairman of the Board of Hitachi Metals, Ltd. |
| June, 2006 | Director, Representative Executive Officer, President and Chief Executive Officer of Hitachi Metals, Ltd. |
| June, 2005 | Vice President and Executive Officer of Hitachi Metals, Ltd. Director, Vice President and Executive Officer of NEOMAX Co., Ltd. |
| June, 2004 | Director, Vice President and Executive Officer of NEOMAX Co., Ltd. |
| April, 2004 | Vice President and Director of NEOMAX Co., Ltd. |
| October, 2002 | Managing Officer, President of Magnetic Materials Company, Hitachi Metals, Ltd. |
| October, 2001 | President of Magnetic Materials Company, Hitachi Metals, Ltd. |
| April, 1999 | General Manager of Kumagaya Magnetic Works, Hitachi Metals, Ltd. |
| April, 1970 | Joined Hitachi Metals, Ltd. |