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Robert McDowell named President and CEO of
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Tokyo/New Jersey, August 2nd - Mitsubishi Fuso Truck and Bus Corporation today announced the appointment of Robert McDowell (49), who currently holds the office of Senior Vice President and COO, as successor to Isao Toda (60), the current CEO of Mitsubishi Fuso Truck of America, Inc. (MFTA). Mr. Robert McDowell is the first American CEO to be appointed from within MFTA. The new CEO Mr. McDowell was employed as District Sales Manager, when MFTA was established, and he demonstrated his ability at developing the sales network. He made an impressive achievement in sales with his abundant experiences, and he was appointed Regional Vice President of the Eastern Region in 1990. Later he became Senior Vice President in charge of sales, and in 2000, he assumed the office of Executive Vice President and COO. The new CEO, who has strong relationships with dealers, is expected to make a significant contribution in raising the profile and improving the image of the Mitsubishi Fuso brand. The new president McDowell said: “It’s an honor and a privilege to be asked to serve as president of MFTA. I will make the continuous growth in the North American market the top priority management task. We have an organization that I feel is truly second to none in our industry, the people we have are outstanding, and Mr. Toda has left us well positioned for strong growth. I’m confident that together we can carry out his vision”. Mitsubishi Fuso Truck of America was founded in 1985, and the company markets American commercial vehicles in segments of “class 3” to “class 7”. It has a sales network of approximately 170 dealers throughout the U.S. and Canada, and sold 5,298 units in the fiscal year 2004, marking a 17% increase over the previous year. In addition, the company achieved record-setting monthly sales in March of this year. |
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