Canon U.S.A. Chairman and CEO Yoroku Adachi is retiring from his post and Kazuto Ogawa will be replacing him, a press release from the company states.
Of his new position, Ogawa said, “I am honored to have the opportunity to succeed a tremendous leader like Mr. Adachi…In many ways, Mr. Adachi was a visionary. His ability to anticipate and understand the needs of our customers and business partners as well as the many complex factors affecting our business was remarkable. He wasn’t afraid to make bold decisions or take risks that helped move Canon U.S.A. forward.”
Adachi first became CEO of Canon USA back in 2005 and assumed the title of Chairman in addition to that starting in 2014.
Prior to this, Adachi served in the company’s Asian Group and Canon Canada. The new CEO, Ogawa, has held positions around the world including stints at Canon Singapore, Hong Kong, and China.
Executive vice president, chief administrative officer, and general counsel, Canon U.S.A., and senior managing executive officer, Canon Inc., said of the retiring CEO’s career that, “Our Melville headquarters will be a huge part of Mr. Adachi’s legacy in the United States…But those of us who have worked closely with Mr. Adachi will remember him for his sincere concern and care about our employees and his desire to always do the right thing.”
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