Renesas Electronics Announces Executive Personnel Changes

TOKYO--(BUSINESS WIRE)--Renesas Electronics Corporation (TSE: 6723), a premier supplier of advanced semiconductor solutions, today made the following changes concerning Members of the Board, Corporate Auditors, and Corporate Officers. The changes were approved at a meeting of the Board of Directors on February 27, 2018. The changes in Members of the Board and Corporate Auditors will become effective following the adoption of the resolutions at the 16th Ordinary General Shareholders’ Meeting to be held on March 29, 2018. The change in its Corporate Officers will become effective as of March 29, 2018.

Note: Asterisks (*) indicate position currently held.

1. Outline of the Change in Members of the Board (As of March 29, 2018)
   (1) New Member of the Board
   Hidetoshi Shibata, Executive Vice President, Member of the Board and CFO
   
   (2) Retiring Member of the Board
   Kenichi Hattori, Outside Director*
2. Outline of the Change in Corporate Auditors (As of March 29, 2018)
   (1) New Corporate Auditor
   Noboru Yamamoto, Outside Corporate Auditor (part time)
   
   (2) Retiring Member of the Board
   Yoshinobu Shimizu, Outside Corporate Auditor (part time) *
3. Outline of the Change in Corporate Officers (As of March 29, 2018)
   (1) New Corporate Officer
   Shingo Yamamoto, Executive Vice President and General Manager of Automotive Solution Business Unit
   
   (2) Retiring Corporate Officer
   Ryuji Omura, Executive Vice President and General Manager of Automotive Solution Business Unit *
   (Note) Mr. Omura will assume the role of Fellow effective March 29, 2018.
4. Brief Biographies of the Newly Appointed Member of the Board, Corporate Auditor and Corporate Officer

[New Member of the Board]

Name (Date of Birth)	Brief Biography
Hidetoshi Shibata	April 1995	Joined Central Japan Railway Company
(November 16, 1972)	August 2001	Joined MKS Partners Limited as Principal
	August 2004	Partner, MKS Partners Limited
	October 2007	Joined Global Private Equity, Merrill Lynch Japan Securities Co., Ltd as Managing Director
	September 2009	Joined Investment Group, Innovation Network Corporation of Japan as Managing Director
	June 2012	Executive Managing Director, Investment Group, Innovation Network Corporation of Japan
	October 2013	Member of the Board, Renesas Electronics Corporation
	November 2013	Executive Vice President, Member of the Board and CFO
	June 2016	Executive Vice President and CFO, Renesas Electronics Corporation (to the present)

[New Corporate Auditor]

Name (Date of Birth)	Brief Biography
Noboru Yamamoto	April 1986	Joined Mazda Motor Corporation
(November 21, 1962)	May 1989	Joined Daiwa Securities Co. Ltd.
	Feb 2002	Joined PricewaterhouseCoopers Financial Advisory Service Ltd. (currently, PwC Advisory LLC) as Managing Director
	April 2003	Joined Lazard Frères K.K. as Managing Director
	November 2006	Joined Nikko City Group Securities Co., Ltd. (currently, Citigroup Global Markets Japan Inc.), Investment Banking Unit, as Managing Director
	October 2011	Joined BNP Paribas, Tokyo Branch, Investment Banking Division, as Co-head
	June 2016	Outside Director, Hitachi Koki Co., Ltd. (to the present)
	September 2016	Representative Director, Representative Partner & CEO, XIB Capital Partners, Inc. (to the present)
	January 2017	Senior Advisor, CLSA Capital Partners K.K. (to the present)

[New Corporate Officer]

Name (Date of Birth)	Brief Biography
Shingo Yamamoto	April 1991	Sales & Marketing, Crown Leasing Corporation
(August 4, 1966)	January 2007	Corporate Officer and Quality Leader, GE Fleet Services Corporation
	August 2007	GE Capital Japan Integration Leader, GE International Inc.
	March 2008	SVP, Finance, Calsonic Kansei Corporation
	April 2010	CFO & EVP, Calsonic Kansei Corporation
	April 2012	Chairman & CEO, Calsonic Kansei Americas, CIO & EVP, Calsonic Kansei Corporation
	April 2016	Regional SVP, Head of Admin & Finance for JPN/A&O, Strategy and Acceleration office for Japan/A&O, Head of Japan Business Management, Co-Chairperson for Japan Consolidated Dealers, Nissan Motor Co., Ltd. Representative Director of Nissan Korea, Director of Nissan Network Holdings, Chuo Nissan, Tokai Nissan, Kinki Nissan and Kyusyu Nissan (to the present)

(Reference) Executive team as of March 29, 2018

Position	Name
Representative Director, Chairman	Tetsuya Tsurumaru
Representative Director, President and CEO	Bunsei Kure
Executive Vice President, Member of the Board and CFO	Hidetoshi Shibata
Outside Director	Tetsuro Toyoda
Outside Director	Jiro Iwasaki
Outside Director	Kazuki Fukuda
Outside Corporate Auditor (part-time)	Kazuyoshi Yamazaki
Outside Corporate Auditor (part-time)	Takeshi Sekine
Outside Corporate Auditor (part-time)	Noboru Yamamoto
Executive Vice President	Yoshikazu Yokota
Executive Vice President	Masahiko Nozaki
Executive Vice President	Manabu Kawashima
Executive Vice President	Necip Sayiner
Executive Vice President	Hirotaka Yamanami
Executive Vice President	Shingo Yamamoto
Senior Vice President	Michael Hannawald
Senior Vice President	Tomomitsu Maoka
Senior Vice President	Hiroto Nitta
Senior Vice President	Shinichi Yoshioka

About Renesas Electronics Corporation

Renesas Electronics Corporation (TSE: 6723) delivers trusted embedded design innovation with complete semiconductor solutions that enable billions of connected, intelligent devices to enhance the way people work and live—securely and safely. A global leader in microcontrollers, analog, power and SoC products, Renesas provides the expertise, quality, and comprehensive solutions for a broad range of Automotive, Industrial, Home Electronics, Office Automation and Information Communication Technology applications to help shape a limitless future. Learn more at renesas.com.

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