HITACHI, LTD. ANNOUNCES TADAHIKO ISHIGAKI WILL CONTINUE AS CHIEF EXECUTIVE FOR THE AMERICAS
TARRYTOWN, New York, March 16, 2009 - Hitachi, Ltd., (NYSE: HIT / TSE: 6501) today announced that the previously announced appointment of Masao Hisada assuming the role as Hitachi’s chief executive for the Americas, and chairman of Hitachi America, Ltd., effective April 1, 2009, which was announced on February 3, 2009 has changed. Tadahiko Ishigaki, Hitachi’s current chief executive for the Americas and chairman of Hitachi America, Ltd. will remain in the role, a role he has held since April 2008.
Mr. Ishigaki joined Hitachi, Ltd. in 1968. He graduated from Faculty of Business and Commerce, Keio University.
Hitachi America, Ltd., a subsidiary of Hitachi, Ltd., markets and manufactures a broad range of electronics, computer systems and products, and provides industrial equipment and services throughout North America. For more information, visit www.hitachi-america.us.
Hitachi, Ltd., (NYSE: HIT / TSE: 6501) headquartered in Tokyo, Japan, is a leading global electronics company with approximately 390,000 employees worldwide. Fiscal 2007 (ended March 31, 2008) consolidated revenues totaled 11,226 billion yen ($112.2 billion). The company offers a wide range of systems, products and services in market sectors including information systems, electronic devices, power and industrial systems, consumer products, materials and financial services. For more information on Hitachi, please visit the company’s website at www.hitachi.com.