Japan’s Takata Corp. the embattled auto safety parts manufacturer at the center of a worldwide safety crisis, has decided that its executive that leads quality assurance needs more authority, thus giving him a place on the company’s board of directors.
The Japanese company has recently recalled almost 34 million autos in the US, equipped with potentially defective airbag inflators that can explode with too much force and send shrapnel inside the cabin, in what is viewed as the largest single-product safety recall in US history. Since 2008 – but mainly starting last year – the supplier and his eleven automotive clients have recalled more than 53 million autos across the globe, with six deaths and hundreds of injuries linked to the flawed part. Now senior vice president Hiroshi Shimizu, in charge of quality assurance since 2013, is one of the three new executives appointed to the board, read a filing to the Tokyo stock exchange. Also, former president Stefan Stocker will give up his position with the board once his term is complete this month.
Stocker came to Takata as the executive officer in February 2013, and by the time he was president the supplier was already facing an increased number of recalls by crucial clients such as Honda, in a bid to replace the potentially defective airbag inflators. It is yet unknown if Stocker will remain with the company once his board term expires. Alongside Shimizu, Takata will also bring to the board of directors its chief financial officer Yoichiro Nomura and the naming are subject to shareholder approval later this month.