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Hitachi

Hitachi Systems, Ltd.

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January 31, 2020
Hitachi Systems, Ltd.

Tokyo, January 31, 2020 --- Hitachi Systems, Ltd., a wholly owned subsidiary of Hitachi, Ltd. (TSE: 6501), today announced that the President and CEO will be changed as described below.
The appointment of the new President and CEO is planned to be officially decided at a later meeting of the Board of Directors.

Change of President and CEO

(1) Appointment (Effective April 1, 2020)
Setsuo Shibahara, President and CEO

*
Currently Senior Vice President and Executive Officer, Hitachi, Ltd.,
Chief Executive Officer of Services & Platforms Business Unit
Chief Transformation Officer of Systems & Services Business Division

(2) Retirement (Effective March 31, 2020)
Masahiro Kitano, President and CEO

*
Planned for appointment as Chairman Emeritus, effective April 1, 2020

Profile of the new President and CEO

Setsuo Shibahara
Setsuo Shibahara

Date of Birth February 3, 1958
Place of Birth Shima City, Mie Prefecture
Education
March, 1982 Bachelor of Science, University of Kyoto
Business Experience
April, 2018 Senior Vice President and Executive Officer,
Chief Executive Officer of Services & Platforms Business Unit, and Chief Transformation Officer of Systems & Services
Business Division, Hitachi, Ltd.
Chairman of the Board, Hitachi Vantara Corporation
April, 2016 Vice President and Executive Officer,
Chief Transformation Officer of Information and Communication Technology Business Division, Hitachi, Ltd.
President and Chief Executive Officer, Hitachi Solutions, Ltd.
April, 2014 Corporate Officer of Information & Telecommunication Systems Company, Information & Telecommunication Systems Group,
Chief Operating Officer of Systems & Solutions Business, Hitachi, Ltd.
April, 2003 General Manager of Government & Public Corporation Information Systems Division(Public Division, Central Government), Information & Telecommunication Systems Group, Hitachi, Ltd.
April, 1982 Joined Hitachi, Ltd.

About Hitachi Systems, Ltd.

Hitachi Systems is a leading IT service provider specializing in developing and implementing business systems for customers of diverse sectors and sizes. We also operate, monitor, and maintain those systems by using a multi-tiered service infrastructure comprising data centers, network and security operations centers, contact centers, and a nationwide network of around 300 service sites. Hitachi Systems assists customers with their digital transformation needs and works with them in creating new value by delivering unique services that leverage our diverse human capital and advanced IT solutions. We strive to become a global service company that earns the complete trust of customers.
For details: https://www.hitachi-systems.com/eng/

About Hitachi, Ltd.

Hitachi, Ltd. (TSE: 6501), headquartered in Tokyo, Japan, is focusing on Social Innovation Business combining its operational technology, information technology and products. The company's consolidated revenues for fiscal 2018 (ended March 31, 2019) totalled 9,480.6 billion yen ($85.4 billion), and the company has approximately 296,000 employees worldwide. Hitachi delivers digital solutions utilizing Lumada in five sectors including Mobility, Smart Life, Industry, Energy and IT, to increase our customer's social, environmental and economic value. For more information on Hitachi, please visit the company's website at http://www.hitachi.com (open in new window).

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Hitachi Systems provides true one-stop services covering all areas of the IT life cycle: from system consulting, to building, installation, operation, and maintenance.