India News
Maruti Suzuki board re-appoints Kenichi Ayukawa as MD and CEO for 3 years | Writer | Admin | |||
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Maruti Suzuki India, the country's largest carmaker, on Wednesday re-appointed Kenichi Ayukawa as Managing Director and CEO of the company for a period of three years. "The company's board re-appointed Kenichi Ayukawa as Managing Director and CEO of the company for a period of 3 years with effective from April 1, 2019 on the existing terms and conditions including remuneration," Maruti Suzuki India said in a filing to the Bombay Stock Exchange. This would be Kenichi Ayukawa's third three-year terms as MD and CEO of Maruti. Ayukawa, who earlier served in the US, Japan and Pakistan, was appointed as MD and CEO of Maruti on March 15, 2013. He played a major role in expanding the company's market share beyond 50 per cent. |
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