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Press Release Zurich, Switzerland 23-06-2022

3 min read

Hitachi Energy announces changes to its Board of Directors

Hitachi Energy today announced the appointment of Yoshihiko Kawamura, Executive Vice President and Executive Officer, Group Chief Financial Officer (CFO) of Hitachi, Ltd., as the Chair of the Board of Hitachi Energy Ltd.

Yoshihiko Kawamura succeeds Alistair Dormer, Chair of the Board of Hitachi Europe Ltd., who has been supporting in strengthening the foundation for Hitachi Energy, driving sustainability activities and synergies for growth across sectors. Alistair will continue to support Hitachi Energy within Hitachi, Ltd. based in Europe and as Chair of the Board of Hitachi Europe Ltd., and also as Executive Advisor for the Green, Energy and Mobility Sector of Hitachi, Ltd.

Kawamura-san brings insights from working with Strategy and Investments, IoT, Information and Telecommunication Systems, and IT. He has extensive experience in global roles from working in Mitsubishi and Hitachi Corporations and he will be key to support our recently announced “Hitachi Energy 2030 Plan” - the next stage of Hitachi Energy’s Purpose driven profitable and sustainable growth and development.

Alistair Dormer commented, “I am very happy to have been part of supporting the Hitachi Energy business” He continued, “Reaching carbon-neutrality requires engagement from all of us and it’s been a pleasure to work with Hitachi Energy’s diverse and talented team across the globe that support the global transformation and decarbonization of energy systems. I am pleased to now hand over the role of the Chair of the Board to Yoshihiko Kawamura for the next phase where the acceleration of the energy transition is critical to help countries reach their net zero goals.”

Claudio Facchin, CEO of Hitachi Energy, commented, “We are very grateful to Alistair Dormer for his support during a crucial phase of our transition into the Hitachi Group, he was instrumental in contributing to lay the foundations of our next stage. Following the recently announced ‘Hitachi Energy 2030 Plan’, I am pleased to now welcome Yoshihiko Kawamura as Chair of the Board for Hitachi Energy. He has been an integral part of the team that helped us with designing our growth strategy aligned with the Hitachi Mid-term Management Plan and he is well positioned to support our next stage of accelerated business’ growth, driven by our Purpose to be advancing a sustainable energy future for all.”

Yoshihiko Kawamura, Chair of Hitachi Energy’s Board, commented, “Hitachi Energy is absolutely central in the transition to clean energy and with my passion for strategy, IT, business growth and investments, I look forward to supporting the team at Hitachi Energy in executing its recently announced mid-term management plan and the company’s 2030 strategy, by enhancing focus on the Digital and Services business, leveraging Hitachi synergies and external partnerships to drive organic and inorganic growth through technology and innovation.”

With this appointment, Hitachi Energy’s Board will continue consisting of a total of seven members, including Vice Chair, Frank Duggan; Timo J. Ihamuotila, Director; Ryuichi Otsuki, Director; Seiichiro Nukui, Director; Manuel Valverde, Director and Duncan Hawthorne, Director.

About Hitachi Energy


Hitachi Energy is a global technology leader that is advancing a sustainable energy future for all. We serve customers in the utility, industry and infrastructure sectors with innovative solutions and services across the value chain. Together with customers and partners, we pioneer technologies and enable the digital transformation required to accelerate the energy transition towards a carbon-neutral future. We are advancing the world’s energy system to become more sustainable, flexible and secure whilst balancing social, environmental and economic value. Hitachi Energy has a proven track record and unparalleled installed base in more than 140 countries. Headquartered in Switzerland, we employ around 38,000 people in 90 countries and generate business volumes of approximately $10 billion USD.  
https://www.hitachienergy.com

https://www.linkedin.com/company/hitachienergy

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About Hitachi, Ltd.


Hitachi drives Social Innovation Business, creating a sustainable society with data and technology. We will solve customers' and society's challenges with Lumada solutions leveraging IT, OT (Operational Technology) and products, under the business structure of Digital Systems & Services, Green Energy & Mobility, Connective Industries and Automotive Systems. Driven by green, digital, and innovation, we aim for growth through collaboration with our customers. The company’s consolidated revenues for fiscal year 2021 (ended March 31, 2022) totaled 10,264.6 billion yen ($84,136 million USD), with 853 consolidated subsidiaries and approximately 370,000 employees worldwide. For more information on Hitachi, please visit the company's website at https://www.hitachi.com.

Contacts

Jocelyn Chang

Head of Media Strategy & Global Media Relations

+41 79 384 7775