#Japan #Executive Team #Tamano #Power X #CEO Itou

Power X Corporation Announces Executive Changes

On March 27, 2026, Power X Corporation, headquartered in Tamano City, Okayama, held its 5th Ordinary General Meeting of Shareholders and an accompanying board of directors meeting. During this meeting, notable changes in the executive team were finalized, including the appointment of new executives and the conclusion of terms for some existing members.

New Board of Directors

The board of directors will consist of the following individuals:

• - Masahiro Itou - Representative Executive Officer, President, and CEO
• - Tadanao Kagimoto - Chairman of the Board
• - César Sengupta - Outside Director
• - Mark Terseck - Outside Director
• - Mitsugu Serizawa - Outside Director
• - Tatsya Sakuma - Outside Director

An important change is the departure of Paolo Cellitti, who stepped down from his role as Outside Director due to the expiration of his term.

Executive Officer Changes

In addition to the board alterations, several executive officers have also undergone changes:

• - Masahiro Itou remains in his position as Representative Executive Officer, President, and CEO.
• - Toshiyuki Fujita has been appointed as Executive Officer overseeing Corporate Affairs and Chief Financial Officer, continuing from his previous roles.
• - Kohei Moriie stays in his position as Executive Officer in charge of the EV Charging Station business.
• - Yusuke Kojima continues his role as Executive Officer overseeing the Power Generation business.
• - Hiroyuki Yoshihara becomes the new Executive Officer in charge of the BESS business.
• - Deepak Rout assumes the role of Executive Officer in charge of Engineering and R&D as well as Chief Technology Officer.
• - Hideyuki Onishi is appointed as Executive Officer and President of Power Grid Offshore Co., Ltd.

Additionally, Executive Officers Hideki Nakaya and Michinori Ikesoe have concluded their terms and will no longer serve in their capacities.

Profiles of Newly Appointed Executives

• - Hiroyuki Yoshihara: With a strong background in sensor technology and overseas operations, Yoshihara joins Power X after a distinguished career at Keyence, where he was instrumental in expanding markets in Eastern Europe and the Benelux region. His experience will guide the BESS business into its next growth phase.

• - Deepak Rout: Starting his career in technical sales and field services in 2008, Rout has held significant roles at Tata - Jaguar Land Rover and Mercedes-Benz, focusing on advanced powertrain development and electric vehicle systems. His experience in leading projects like the development of the first mass-production electric truck will be vital for the company’s innovation drive.

• - Hideyuki Onishi: A graduate of Osaka University with extensive experience in functional chemicals and renewable energy projects, Onishi has led significant initiatives in both onshore and offshore wind power business segments. His leadership at the subsidiary Power Grid Offshore will merge with his new responsibilities at Power X, enhancing corporate synergy.

Conclusion

As Power X navigates the growing demands of the energy market, these executive changes are tailored to boost operational effectiveness and technological innovation. The company is committed to harnessing the expertise of its new executive team to lead in the evolving landscape of energy solutions, ensuring resilience and sustainability for future endeavors.