Hitachi America Appoints Hicham Abdessamad as Chairman and President & CEO

30 March 2021

Santa Clara, CA, March 30, 2021 – Hitachi America, Ltd. (“Hitachi America”) today announced the appointment of Hicham Abdessamad as Chairman and President & CEO of Hitachi America, the regional corporate headquarters of Hitachi Group in North America. Currently Chairman of the Board at Hitachi America, Abdessamad will continue in this capacity after his appointment as President & CEO on May 1, 2021. In addition to taking on this new role, Abdessamad will continue to serve as Chief Executive of Global Social Innovation Business, Hitachi, Ltd.

“I am honored to expand my responsibilities within Hitachi America and look forward to serving as President & CEO in addition to my current position as Chairman of the Board” said Abdessamad. “Embracing innovation, Hitachi Group is on track to become a global leader in guiding the digital transformation of social infrastructure. The North American market is a major focus for Hitachi as we look to support our customers and partners in driving future growth and solving big societal challenges. We are accelerating the shift towards value-based businesses and eco-systems to create next generation social, environmental and economic value. In my new position, I am committed to continuously helping to expand Hitachi Group’s Social Innovation Business in North America.”

Mr. Koji Takaichi, current President & CEO of Hitachi America will assume the role of Deputy Chief Environmental Officer and Deputy General Manager of Environment Business Growth Strategy Division, Hitachi, Ltd. in order to accelerate Hitachi’s environmental business expansion.

About Hitachi America, Ltd.

Hitachi America, Ltd., headquartered in Santa Clara, CA, is a subsidiary of Hitachi, Ltd. (TSE: 6501). Hitachi America – the North American regional headquarters of Hitachi, Ltd. – and the 106 Hitachi Group companies in North America, employ over 28,800 people as of March 2020. The company drives digital innovation across five sectors - Mobility, Smart Life, Industry, Energy and IT - through Lumada, Hitachi's advanced digital solution for turning data into insights that drive digital innovation. The Hitachi Group is focused on its Social Innovation Business, which combines information technology (IT), operational technology (OT) and products to deliver solutions that increase social, environmental and economic value for its customers. For information on other Hitachi Group companies in North America, please visit http://www.hitachi.us (the United States), http://hitachi.ca (Canada) and http://www.hitachi.com.mx/en (Mexico).