Bo Andersson Gets Expanded Role At Yazaki
The former automaker executive, Bo Andersson, has been named as the CEO of the Yazaki Corporation’s North and Central America operations. He has replaced Shinji Inagaki, who is staying on with the company in a special advisory role. Andersson came to the company last year to head their operations in Europe will continue to hold that position. The move has effective on February 23 2018.
The 62-year old Andersson is a veteran of the Swedish Army. where he attained the rank of Major, and had previously held a role as an advisor in multiple organizations around the world. In 2013 he was hired as the CEO of AvtoVAZ, the largest Russian automotive manufacturer. He was the first non-Russian to be named to that position. He spent 16 years at General Motors from 1993 to 2009 and was the V.P. of Purchasing. His track record of cutting costs at GM led him to becoming a prime candidate for the position at Yazaki, as he helped GM reduce costs by $2 billion. Previously, Andersson was the V.P. of Purchasing.
Yakazi is a Japanese auto wire harness manufacturer based in Susono City and is among the top 15 largest automotive parts supplier, with nearly $16 million in sales in 2016. The company is banking on Andersson leading the charge in their attempt to reduce costs and streamline their manufacturing process. His experience is something the parts supplier has been yearning for and he is excited to help the company improve their bottom line.