11 February 2020
Epson has announced that, as of 1 April 2020, current president Minoru Usui will move into the role of chairman and director and Yasunori Ogawa will take over the role of president and representative director. Mr Ogawa is currently a director and managing executive officer at Epson.
In March 2019, Epson established its Phase 2 Mid-Range Business Plan aimed at achieving its Epson 25 Corporate Vision. By focusing on priority areas, the company aims to respond to changes in the business environment and societal needs, and transition to a business capable of generating high profits.
In the fiscal year ending March 2019, Epson implemented reforms aimed at strengthening their business structure. In a tough business situation, Epson has promoted collaboration with partners and open innovation, and developed and launched original products and services aimed at ensuring future growth.
Going forward Epson expects significant and ongoing changes to their business environment. Under the leadership and new perspective of Mr. Ogawa the company will respond flexibly and rapidly to changes as they seek to improve their corporate value over the medium- and long terms.
Details of change
Name: Minoru Usui
New position: Director, Chairman
Previous position: President and Representative Director
Name: Yasunori Ogawa
New Position: President and Representative Director
Previous position: Director, Managing Executive Officer
Brief career history of new president
Name: Yasunori Ogawa
Date of birth: April 11, 1962
Place of birth: Aichi Prefecture, Japan
Education: Master's Degree from the School of Engineering, Tohoku
University Graduate School
Brief career history: April 1988 - Joined Seiko Epson Corporation
April 2017- Appointed Chief Operating Officer, Visual Products Operations Division
June 2017- Appointed Executive Officer
June 2018- Appointed Director, Executive Officer
October 2018 - Appointed General Administrative Manager, Technology Development Division (current position)
June 2019 - Appointed Director, Managing Executive Officer (current position)
Appointed Chief Operating Officer, Wearable Products & Industrial Solutions Operations Segment (current position)