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Hitachi Announces New Executive Officers

(Interviews, 19 Mar 2006 )

Hitachi has announced management changes after its board of directors meeting which will take effect April 1, 2006. Among many moves are the following:

-Current President and CEO Etsuhiko Shoyama has been promoted to chairman.

-Kazuo Furukawa, Hitachi’s current executive VP and executive officer, general manager of corporate export regulation division, has been appointed to president.

-Current Senior VP and Executive Officer, Chief Executive for North America and Chief Executive Officer of Hitachi Global Storage Technologies Hiroaki Nakanishi has been promoted to executive VP of the same group.

-Current Chief Operating Officer of the information and telecommunication systems group Naoya Takahashi has been appointed VP and executive officer, executive VP and CTO of the group.

-Current COO of information and telecommunication Junzo Nakajima has been appointed to VP and executive officer, executive VP and chief innovation officer of information and telecommunication systems group.

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