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TEPCO chairman Kawamura to step down

Kawamura, 80, has shown his intention to retire because of his old age. (AFP)
Kawamura, 80, has shown his intention to retire because of his old age. (AFP)
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29 Apr 2020 04:04:39 GMT9
29 Apr 2020 04:04:39 GMT9

TOKYO: Tokyo Electric Power Company Holdings Inc. chairman Takashi Kawamura is considering resigning from the post, sources familiar with the matter said Tuesday.

Kawamura, 80, has shown his intention to retire because of his old age.

He is expected to leave office after a shareholder meeting in June. The post of TEPCO chairman may be left vacant, the sources said.

Before joining TEPCO, Kawamura spent most of his career at Hitachi Ltd. and led the electronics and heavy machinery maker's recovery from financial difficulty caused by the global financial crisis of 2008.

Kawamura became TEPCO chairman in 2017 and led the company's turnaround efforts following the March 2011 triple meltdown at its Fukushima No. 1 nuclear power plant.

JIJI Press

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