Newark, NJ—Panasonic named Megan Myungwon Lee as chairwoman and CEO of Panasonic Corporation of North America. The company is the principal North American subsidiary of Osaka, Japan-based Panasonic Corporation.
Lee, formerly the chief human resources officer and vice president of Corporate Planning and Strategic Initiatives at Panasonic Corporation of North America, assumed her new roles on October 1, 2021.
Moreover, Lee succeeds Michael Moskowitz, who is departing Panasonic after more than a decade in top leadership roles with the company.
“On behalf of our board, we are pleased to welcome Megan into her new role and next chapter with Panasonic,” said Yuki Kusumi, president of Panasonic Corporation. “As a proven leader who has taken on ever-increasing responsibilities across the company, we look forward to benefiting from Megan’s strategic thinking; operational expertise; as well as creative vision to accelerate growth and enhance the company’s competitiveness.”
PNA New Chairwoman and CEO
With more than 30 years of experience, Lee has served in a variety of senior leadership roles with Panasonic. In addition, she was instrumental in spearheading new business initiatives; strategic planning; digitization of human resources management; as well as the company’s diversity, equity and inclusion (DEI) strategy, both in the U.S. and Japan.
Lee is also acting chair of the board of the Panasonic Foundation. The foundation advances equity in science, technology, engineering, arts and mathematics (STEAM) education.
“This is a pivotal time for our company and in the technology industry; I am honored by the opportunity to lead Panasonic Corporation of North America as we seek to drive sustainable growth, deliver more complete, differentiated solutions and create better experiences for our customers,” said Lee. “I am excited about Panasonic’s future and our role in contributing to society while moving the world forward.”
Panasonic named Moskowitz chairman and chief executive officer of Panasonic Corporation of North America in 2019. Previously, he served simultaneously as president of Panasonic Canada, Inc., and president of Panasonic Consumer Electronics Company. Moreover, during his tenure, Moskowitz played a critical role in the company’s ongoing evolution and adaptability through the Covid-19 pandemic.
He also helped improve Panasonic Canada’s margins and profitability. He did so by expanding the company’s solutions-based offerings for business-to-business (B2B) customers.
“Given Megan’s personal career journey and varied management experience within Panasonic over the years, I am extremely confident she—along with the strong PNA senior executive team—will continue to support Panasonic and lead our North American company with the same values, passion and agility to drive the next level of transformation in the region,” said Moskowitz.