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TOKYO (Reuters) – Mitsubishi Motors Corp said Friday that Osamu Masuko would leave the position of president for fitness reasons and cede the post to CHIEF executive Takao Kato on time.
Masuko, a veteran of The Mitsubishi Conglomerate, joined the automaker in 2004 and was president in 2007. He oversaw the creation of the partnership between Mitsubishi and Nissan Motor Co in 2016, in which Nissan acquired a majority stake in the company.
The 71-year-old man would work at Mitsubishi as a special adviser, the company said in a statement.
(Report through Naomi Tajitsu; Edited through Shri Navaratnam)