Former Chairman Osamu Masuko of Mitsubishi Motors Corp. dies at 17:37, August 31
Osamu Masuko, who served as the top management of Mitsubishi Motors Corporation for more than 15 years and was temporarily rebuilding a company that was in a serious financial slump, died of heart failure on 27th of this month. I was 71 years old.
Mr. Masuko came from Mitsubishi Corporation and entered the year 2004 when Mitsubishi Motors suffered a serious financial slump due to the hidden problem of recall, and became the president the following year.
CEO = Chief Executive Officer, Chairman, etc. for more than 15 years, has been the top management, and during this time, he focused on expanding business in Southeast Asia such as Thailand and Indonesia, and promoted the development of plug-in hybrid vehicles that can be recharged at home. It was.
On the other hand, four years ago, the problem of measuring fuel consumption by an illegal method became clear, and we received investment from Nissan Motor Co., Ltd. to restore trust and rebuild our business.
He also played a leading role in strengthening cooperation between the three confederates with Nissan-Renault, which was confused after the incident of Nissan's former chairman Ghosn was discovered.
Mr. Masuko retired from the chairman on 7th of this month for health reasons such as ``I announced the medium-term management plan and I have a way to the future, so I want to devote myself to treatment once,'' and he just became a special adviser. However, he died of heart failure on the 27th of this month. I was 71 years old.