Originally posted by CallMeDerek So honesty – no concern with Ricoh? I look at the move HP made this week, these are tight times and for a company to cut off an arm to save a body is not unheard of… guess that said they are not going to shuttle it that is obv but a slowdown in innovation would seem likely. … again being attracted by the “new shinny” maybe I should just forget that and go take more pictures for as low an investment as possible….
If you look at what HP is doing with their PC and Tablet business, you should also have a look at the company they just acquired, and not forget that their new CEO comes from SAP (a software business). HP under a new leader is following a course that this new leader is comfortable with.
Instead of turning around the PC business, he abandons it and buys Autonomy for $10.2B. Some would call this a strategy I guess.
What is the background of the Ricoh board of directors? Anybody knows?
Bert
Quote 1:
"Shiro Kondo
Representative Director, President and Chief Executive Officer
Ricoh, Ltd.
Chuo-ku , Tokyo
Sector: INDUSTRIAL GOODS / Diversified Machinery
Officer since juni 2000
60 Years Old
Shiro Kondo, Representative Director. Apr. 1973 - Joined the Company; July 1999 - Deputy General Manager of Imaging System Business Group; June 2000 - Senior Vice President; Oct. 2000 - General Manager of Imaging System Business Group; June 2002 - Executive Vice President; June 2003 - Managing Director; Oct. 2004 - In charge of Imaging Engine Solution Development; Oct. 2004 - General Manager of MFP Business Group; June 2005 - Director; June 2005 - Corporate Executive Vice President; Apr. 2007 - Representative Director (Current); Apr. 2007 - President (Current); Apr. 2007 - CEO (Chief Executive Officer) (Current)."
Quote 2:
"Shiro Kondo
President and CEO, RICOH COMPANY,LTD
Born in 1949 in Niigata Prefecture. After graduating from the Faculty of Engineering, Niigata University in 1973, he joined Ricoh.
His first engagement was with "RIFAX 600S" (released in April 1974),
and since then he was continuously involved in product development.
He was successively appointed to Corporate Vice President and General Manager of Imaging Systems Business Group in 2000, Senior Vice President in 2003, Director and Corporate Executive Vice President in 2005. After serving as General manager of MFP Business Division, he assumed the office of Representative Director, President and CEO in April 2007."