HITACHI, LTD. APPOINTS MASAHIDE TANIGAKI PRESIDENT OF HITACHI AMERICA, LTD.
BRISBANE, Calif., January 18, 2006 - Hitachi, Ltd., (NYSE: HIT) today announced that it has appointed Masahide Tanigaki as president and CEO of its wholly owned subsidiary, Hitachi America, Ltd. Mr. Tanigaki, who most recently served as executive vice president and general manager of the Hitachi America, Ltd., Power & Industrial Division, succeeds Masao Hisada, who will become general manager, Corporate Procurement Division of Hitachi, Ltd. The appointments are effective on February 1, 2006.
Mr. Tanigaki joined Hitachi America in February 2002 as vice president and general manager of the company’s Power & Industrial Division. Previously, he served as department manager, Nuclear, Thermal Power ＆ Gas Turbine Dept. No.2, International Operations Division, Hitachi, Ltd. since 1997. Before that, he was general manager of the Near & Middle East Office from August 1990 to August 1993 and manager of the Thermal Power Dept. from 1988 to 1990. He also served as manager of the Hitachi Venezuela Office from 1982 to 1983. He joined Hitachi in 1975. He is a graduate of Keio University.
Mr. Hisada has served as president of Hitachi America since February 2004. Previously he was general manager of Hitachi, Ltd., Global Business Division since April 2003. Prior to that, he was president of Hitachi (China), Ltd. from 2001 to 2003. He joined the International Sales Division of Hitachi, Ltd. in 1972. From 1979 to 1982, Mr. Hisada was assigned to the Hitachi Research Institute. He also spent time with Hitachi America from 1985 to 1991 and served in various sales management positions with the Power and Industrial Systems Group in Japan from 1991 to 2001. He is an economics graduate of Tokyo University.
Hitachi America, Ltd., a subsidiary of Hitachi, Ltd., markets and manufactures a broad range of electronics, computer systems and products, and consumer electronics, and provides industrial equipment and services throughout North America. For more information, visit http://www.hitachi.us.
Hitachi, Ltd., (NYSE: HIT / TSE: 6501), headquartered in Tokyo, Japan, is a leading global electronics company with approximately 347,000 employees worldwide. Fiscal 2004 (ended March 31, 2005) consolidated sales totaled 9,027.0 billion yen ($84.4 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 http://www.hitachi.com.