Taiwan's Foxconn, the electronics manufacturer, announced on Monday that it has hired Jun Seki as its Chief Strategy Officer for Electric Vehicles. Seki, a former executive of Nissan and Nidec, brings a wealth of experience and industry expertise to Foxconn.
Seki was previously seen as a top contender for the CEO position at Nissan, where he spent three decades, including a role as head of the China division. Despite his impressive career, he was eventually passed over for the position and went on to join motor maker Nidec in 2020.
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At Nidec, he was recruited by the founder Shigenobu Nagamori to help the company become a major player in the production of components for next-generation automobiles. He was appointed CEO in June 2021 but demoted less than a year later due to Nagamori's dissatisfaction with the company's performance and stock price. Seki ultimately resigned from Nidec in September 2022.
With his extensive background in the auto industry, including experience leading Nissan's turnaround plan, Jun Seki is a valuable addition to Foxconn as the company sets its sights on becoming a major player in the electric vehicle market.