Melville, NY—Canon USA announced that Yoroku Adachi, the company’s chairman and CEO, is retiring. His last day of work is March 31, 2020. Adachi, who also is retiring as executive vice president of Canon Inc. in Japan and chairman and CEO of Canon Solutions America, has enjoyed a distinguished 50-year career with Canon.
Moreover, Canon named Kazuto Ogawa, Canon USA’s president and COO, as president and CEO to succeed Adachi. With almost 40 years of experience with Canon, Ogawa joined Canon USA in 2018 after serving as executive vice president at Canon China.
“I am honored to have the opportunity to succeed a tremendous leader like Mr. Adachi,’’ Mr. Ogawa said. “In many ways, Mr. Adachi was a visionary. His ability to anticipate and understand the needs of our customers and business partners as well as the many complex factors affecting our business was remarkable. He wasn’t afraid to make bold decisions or take risks that helped move Canon USA forward.’’
Adachi was named president and CEO of Canon USA in 2005. Further, he was promoted to chairman and CEO in 2014. He was responsible for all of Canon’s operations in North, Central and South America as well as the Caribbean.
What’s more, before leading Canon USA, Adachi was president of Canon Canada from 1998 to 2001. He was also president and CEO of Canon’s Asian Group companies from 2001 to 2005.
In addition, under his leadership, Canon USA ended a long search for a new headquarters on Long Island. The company constructed a 700,000-square-foot LEED Gold-certified building on 52 acres in Melville, New York; they moved there from Lake Success in 2013.
“Our Melville headquarters will be a huge part of Mr. Adachi’s legacy in the United States,’’ said Seymour Liebman, executive vice president, chief administrative officer and general counsel, Canon USA; senior managing executive officer, Canon Inc. “But those of us who have worked closely with Mr. Adachi will remember him for his sincere concern and care about our employees and his desire to always do the right thing.’’
In addition, Ogawa began his career with Canon
Inc. in 1981. From 1995 to 2005, he held positions with Canon Singapore, Canon Hong Kong as well as Canon China; he then returned to Canon Singapore as president and CEO.
In 2008, Canon named Ogawa as president and CEO of Canon Canada. He also became an executive officer of Canon Inc. in 2011. What’s more, he was appointed executive vice president of Canon China in 2014. Ogawa also was elected as a managing executive officer of Canon Inc. in 2016.