Teijin Ltd. and Teijin Automotive Technologies are undergoing multiple executive shifts to give younger employees their shot at leadership.
Teijin Automotive Technologies has named Chris Twining, its current chief operating officer, as president of Teijin Automotive Technologies North America, effective April 1, a Feb. 7 news release said.
Teijin Ltd. named Akimoto Uchikawa as its new president and CEO, replacing Jun Suzuki, who will remain with the company as chairman, the release said.
Steve Rooney, who currently serves as CEO of Teijin Automotive Technologies and general manager of the composites business unit, will retire from the company March 31, 2023.
Twining, who has been with the company since 2001, will continue report to Rooney. Twining will continue in his role as chief operating officer for the global composite unit, Rooney told Plastics News.
Until his retirement, Rooney will continue his roles as CEO and general manager "from a Japan perspective for their global composite business unit," he said, and his position as a group corporate officer inside of Teijin.
"It's my time to move on," Rooney said. "This transition period prior to my retirement will enable [Twining] to continue his oversight of the manufacturing side of the business while taking on an even greater leadership role."
"[Twining] and I are closely aligned with our strategic direction and vision for the organization," he said. "We continue to work very closely together to make sure we kept… in alignment of what our future looks like, what businesses [and] new material technologies we're working on."