91-Year-Old Suzuki Chairman to Step Down After Longest Reign in Auto Industry
- Nonagenarian led Suzuki to become a top seller of small cars
- Suzuki to remain at the Japanese automaker as senior adviser
Osamu Suzuki
Photographer: Tomohiro Ohsumi/BloombergThis article is for subscribers only.
Suzuki Motor Corp.’s 91-year-old chairman Osamu Suzuki is stepping down after leading an automaker for longer than anyone else in the industry.
Suzuki, who served as the Japanese carmaker’s chief executive for 22 years and then as chairman for another two decades, will step down from his current role following a shareholders meeting in June, the company said in a statement Wednesday. He will remain as a senior adviser.