Suzuki Motor Corp has announced that Osamu Suzuki, the company’s chairman and CEO, will also take over the roles of president and COO following the resignation of Hiroshi Tsuda for health reasons.
Mr Suzuki, who will shortly turn 79, is married to the daughter of the company’s second president from the founding family. He will be charged with leading the company through the global recession.
At a press conference he said he was in fine health, but admitted that the economic climate meant he was acting beyond the call of many people his age.