Osawa Named Sharp U.S. CEO, Chairman

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Mahwah, N.J. - Toshiyuki Osawa has been named the new CEO and chairman of

Sharp Electronics Corp

., the U.S. subsidiary of Sharp Corp., and executive officer, group general manager, North and South America Group of Sharp Corp., the company said Wednesday.

Osawa replaces Kozo Takahashi, who becomes Sharp Corp. executive VP, chief sales and marketing officer and group general manager, global business group.

 Osawa is a 27-year veteran of Sharp Corp., most recently serving as president of Sharp Electronics sales (China). This will be Osawa's second assignment in the United States, after serving from 1996 to 2003 as part of the management team of Sharp Electronics Corp.'s consumer electronics group.

As chairman and CEO, Osawa will oversee overall direction, management and administration of all corporate operations for the company's various divisions and will be responsible for the strategic vision for the company, according to a statement announcing the promotion.

"I am very pleased to be back at Sharp Electronics, at such an exciting time for the company," said Osawa.  "Mr. Takahashi's strong guidance and leadership has positioned the company for success. As the U.S. economy continues to strengthen, I hope to use my experience to enhance sustainable growth as well as use Sharp's unique strengths in LCD and solar-cell production to help grow the brand and contribute to future successes."

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