FHI appoints new President

FHI appoints new President

Fuji Heavy Industries Ltd. (FHI), the maker of Subaru cars, has announced a change in the company Presidency.

Mr. Ikuo Mori, currently Corporate Senior Vice President, Chief General Manager, Subaru Overseas Sales and Marketing Division, has been appointed President, Chief Executive Officer and a Board Director.

Current President, CEO and a Board Director, Kyoji Takenaka, will become Director and Senior Corporate Adviser.

The appointments will become effective by approval at the Board of Directors Meeting, following the Ordinary General Meeting of Shareholders scheduled for June 27, 2006.

FHI is a global manufacturer of transportation and aerospace-related products.

Personal profile of Ikuo Mori

Date of birth: August 19, 1947
Place of birth: Kochi, Japan
Education: March, 1970 - Graduated from Waseda University with B.E. degree. (School of Science and Engineering)

Business experience:
April, 1970: Joined Fuji Heavy Industries Ltd.
June, 1995: Staff General Manager of North America Affiliate Department, Subaru Overseas Division.
June, 1997: General Manager of Production Planning and Management Department, Subaru Overseas Division.
June, 1999: General Manager of Overseas Planning Department, Subaru Overseas Division.
June, 2001: General Manager of Sales Planning Department and Staff General Manager of Sales Promotion Department.
June, 2002: Corporate Vice President, Chief General Manager of Europe Region, and Chief General Manager of Asia Pacific Region, Subaru Sales and Marketing Division.
June, 2004: Corporate Vice President, Chief General Manager of Subaru Parts and Accessories Division.
April, 2005: Corporate Senior Vice President, Chief General Manager, Subaru Overseas Sales and Marketing Division.

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