Personnel Changes (Resignation) of Members of the Board
Mitsubishi Motors Corporation (MMC) announced resignation of members of the board as follows:
1. Member of the Board who will resign
Tetsuro Aikawa President and COO, Representative Director
Ryugo Nakao Executive Vice President, Representative Director
2. Reason for resignations
As our announcement today on the Report to the Ministry of Land, Infrastructure, Transport and Tourism concerning improper conduct in fuel consumption testing of vehicles manufactured by MMC shows, MMC has caused tremendous trouble and concern to our customers and all of our stakeholders. Considering this, Mr. Aikawa and Mr. Nakao decided today that they will resign as Representative Directors as of June 24, 2016.
3. Date of resignation
June 24 (the day of MMC's ordinary shareholders meeting)
We will decide on the successors of both Representative Directors at our board of directors' meeting and make an announcement promptly.