Monday, April 5, 2010

A Monk Heads An Airline Co.

Dr. Kazuo Inamori, a well-respected entrepreneur and founder of electronics giant Kyocera Corp., began his tenure as chairman and CEO of Japan Airlines Corp. (JAL) on February 1, 2010 and he will work for the troubled airlines withtou salary.

Inamori, the 78-year-old honorary chairman of Kyocera and an ordained Buddhist priest, replaces Haruka Nishimatsu, 62, who resigned as part of JAL's bankruptcy proceedings, which took place on Jan. 19.

On February 25, 2010, Dr Kazuo Inamori was appointed as part time special adviser to the Japanese cabinet