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Mitsubishi CEO Steps Down

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May 17, 2019—Mitsubishi Motors Corp said on Friday that Osamu Masuko will step down as its chief executive on June 21 and be replaced by Takao Kato, who is president of its operations in Indonesia, according to Reuters.

Masuko will retain his role as chairman of the board, Mitsubishi Motors said in a statement.

Masuko will retain his role as chairman of the board, Mitsubishi Motors said in a statement, adding that Masuko and Kato will hold a press conference on May 20 to discuss the changes.

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