In a dramatic sign of Japan's increasing labor mobility, Mitsubishi Motors named a Ford executive to its board of directors.
Eiji Iwakuni, 60, will be nominated to replace the retiring Hiroshi Yajima at Mitsubishi's annual shareholders' meeting on June 25.
Yajima is currently executive general manager of Mitsubishi's corporate affairs and strategy office. However, given Iwakuni's background in sales and marketing, he is expected to head Mitsubishi's domestic Japanese sales activities.
Iwakuni is presently chairman of Ford Japan, but will step down to take the Mitsubishi post. He was named president of Ford Japan in 1998, after a career at Honda, where he once headed Honda's Japan car sales operations.