May 11, 2018 / 2:42 AM / in 6 months

Mazda says CEO to step down, vice president to take over

TOKYO, May 11 (Reuters) - Mazda Motor Corp said on Friday that president and CEO Masamichi Kogai would step down and be replaced by Akira Marumoto, who currently serves as vice president and oversees operations in the Americas.

Kogai, who became president and CEO in 2013, would become chairman, the company said.

Reporting by Naomi Tajitsu; Editing by Edwina Gibbs

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