Orix CEO Miyauchi to Step Down After Three Decades in Charge
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Orix Corp. Chief Executive Officer Yoshihiko Miyauchi will step down after more than three decades in charge of the Japanese leasing and finance company that he helped establish.
Makoto Inoue, 61, who has been co-CEO since January, will succeed Miyauchi on June 24, subject to shareholders’ approval, the Tokyo-based company said in a statement today. Miyauchi, 78, will take on a new position as senior chairman advising the firm without being on the board, Orix said.