Takeuch Yasuo (Yasuo Takeuchi)

Takeuch Yasuo (Yasuo Takeuchi)

Biography

2019: Appointment of Olympus as the head

In January, 2019 Olympus announced updating of leadership team and simplification of a corporate structure. These changes favorably affected the quotations of the Japanese producer of photography equipment and the medical equipment. 

According to top-level staff movement the vice president and the chief financial officer of Olympus Yasuo Takeuchi will become the president and the CEO, and will take the place of the financial director Yasushi Sakai. 

The former head of Olympus Hiroyuki Sasa will resign authority, but will remain in the company as the board member.

The new operating officer it is selected by Akihiro Taguchi, the technical director — Haruo Ogawa, the administration manager — Stefan Kaufmann.

Conversions which we announce today are the culmination of long-term efforts on revival of Olympus led by Hiroyuki Sasa when he became a CEO in 2012 after very difficult period — Yasuo Takeuchi says. — Under the leadership of Mr. Sasa we strengthened mechanisms of internal control as a basis for gain of global compliance and management, implemented a matrix organizational structure for the maximum use of corporate resources and also improved quality and function of normative providing. We also began reorganization of the activity, having turned on the management from Europe and the USA as a part of our team of executive heads.[1]

In two days after the declaration of top management reorganization market capitalization of Olympus increased by $3.3 billion. Shares of the company are traded at the level which by 22 times exceeds the predicted annual profit whereas at Medtronic this indicator is 16-fold, the The Wall Street Journal newspaper notes.

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