New CEO to lead Mazda amidst industry shift, fresh Toyota partnership

AUTO NEWS

Current Mazda CEO to become Chairman of the Board

Mazda Motor Corporation has just announced a major reshuffle of their executive line up, up to and including a change in leadership at the very top.

In a press statement, Mazda said that they have moved new executives to take charge of different departments such as finance, oversight of North American operations, IT, corporate planning, and more. But the biggest changes are with the CEO.

Masamichi Kogai, the current president and CEO, will be giving up his post to become Chairman of the Board. Kogai's tenure as the Hiroshima-based carmaker's chief executive has seen a lot of changes in the brand, particularly with the success of new generation of Mazda models with SkyActiv technology. 

Stepping into the CEO's shoes will be Akira Marumoto. The 60-year old is currently heading up the company's operations in North America as Executive Vice President. Previously, Marumoto has held posts in a variety of divisions within Mazda including product planning, corporate planning, financial services, and more. 

The changes at Mazda's leadership come at a particularly interesting time for the Japanese automaker, especially since the company is exploring partnerships with Toyota Motor Corporation that includes a joint factory, co-developed EVs, and more.  The industry has also been experiencing a shift in attention and development towards autonomous drive, connected features and integration, and many more advanced technologies.

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