Mazda to nominate former North America head as next CEO

TOKYO, March 17 (Reuters) – Mazda Motor Corp (7261.T) will appoint Masahiro Moro, director and senior managing executive officer, as its new president and CEO, the Japanese automaker said on Friday.The 62-year-old, a 40-year company veteran who previously served as the head of the automaker’s North America operations, will officially take over pending the approval of the shareholders and board in June.Current President and CEO Akira Marumoto, who took up his role in 2018, will step down from his posts at that time, the company said. Marumoto would continue to serve as an adviser, the Nikkei newspaper reported separately on …
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