Mazda names production expert Kogai as new CEO

Newswire

TOKYO, May 9 (Reuters) - Mazda Motor Corp named Masamichi Kogai as its new chief executive on Thursday, promoting the 58-year-old who has pushed for production efficiency so the Japanese automaker can turn profits even in a strong-yen environment. Current CEO Takashi Yamanouchi, 68, will stay on as chairman, Mazda said in a statement. The changes will take effect after a shareholders' meeting and board meeting on June 25. In the year ended March, Japan's No.5 ...

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