AGC Appoints New President, Senior VPs at AGC
North America; Reports "Disappointing" Financial Performance
June 17, 2010
Asahi Glass Company Ltd. (AGC) has named Marehisa Ishiko as the
new president and chief executive officer of AGC Glass Company North
America (AGNA). He succeeds Brad Kitterman.
In addition, the company also has appointed the following at AGNA:
Kenzo Moriyama as executive vice president of strategic planning;
Kazu Sako as senior vice president and chief financial officer,
succeeding Ryne Van Gorp; and Mike Vigna, vice president, human
resources, who succeeds Lisa Escobar.
"AGNA's financial performance has been disappointing over
an extended period of time - even taking into account the economic
downturn," says Akio Endo, AGC senior executive vice president
and president of AGC Glass Company, which oversees all of the AGC's
glass businesses worldwide. "AGC is a world leader in glass
production, and we are determined to be a leader in North America.
We are fully committed to this end, and will leverage our global
resources to achieve the full potential of our businesses here.
The assignment of these proven and talented executives is, in itself,
a strong statement of our commitment."
Ishiko joins AGNA from AGC Japan, where he served as president
of AGC Glass Company for the Japan/Asia Pacific region. He has 28
years of experience with various AGC companies, including diverse
experience in all phases of the flat and auto glass businesses.
"There is great opportunity for AGNA," says Ishiko. "We
have a very strong team of people who understand this business and
want their company to excel."
Both Moriyama and Sako also are 28-year veterans of AGC. Moriyama
most recently served as general manager of planning and strategy
for AGC Glass Company Japan/Asia Pacific. Sako most recently served
in a dual role in AGC's Finance and Control Office, where he headed
up the finance area and also led the planning and coordination for
that office. He has worked twice before for AGC Automotive Americas.
Ishiko, Moriyama, and Sako have re-located to the United States
to fill their new positions. Both Kitterman and Escobar have left
Vigna has been with AGC for 10 years. He was most recently with
AGC America (AGNA's parent company) as North American regional vice
president of human resources. He now also will be responsible for
all human resources for AGNA and its subsidiaries. Earlier in his
career he was head of human resources for AGC Automotive Americas.
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