Terry Suzuki Promoted to President and CEO of ORIX USA
14 September 2019 - 1:00AM
Business Wire
ORIX Corporation USA (ORIX USA) announced today that Yoshiteru
(Terry) Suzuki will become the company’s next President and Chief
Executive Officer (CEO), effective Sept. 15, 2019. Suzuki, a
34-year veteran in the financial services industry, succeeds
current President and CEO, Hideto Nishitani, who will return to the
Tokyo headquarters of ORIX Corporation (ORIX) to assume a new role
as Assistant to the CEO of ORIX. The transition is a carefully
planned succession that follows Suzuki’s promotion to Executive
Officer for ORIX and Deputy President of ORIX USA in 2018 and
Managing Executive Officer for ORIX earlier this year.
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Terry Suzuki Promoted to President and
CEO of ORIX USA. (Photo: Business Wire)
Since beginning his professional career with ORIX in 1985,
Suzuki has progressively assumed more responsibility through
leadership roles, both in and outside of ORIX. After rejoining ORIX
in 2015, he launched the private equity business of ORIX Capital
Partners and since 2018 has provided strategic direction to the
company in his role as Deputy President of ORIX USA.
“Terry’s leadership skills and deep management experience,
including a long and successful stint as President & Co-CEO of
Cerberus Japan, together with his intimate knowledge of ORIX Group
make him ideally suited to be the next President and CEO of ORIX
USA," said Makoto Inoue, ORIX Corporation Representative Executive
Officer, President and CEO.
Suzuki worked closely with Nishitani over the last two years to
prepare for this transition.
"This is an exciting time to lead ORIX USA. I am honored to
succeed Nishitani, whose leadership and vision have made our
company stronger today than ever, providing a solid foundation to
build upon," said Suzuki. "I am energized by the many opportunities
ahead of us to grow the business of ORIX USA, and I look forward to
continuing to make ORIX USA a dynamic workplace for our
employees."
Nishitani joined ORIX USA in 2006 as Deputy President and was
appointed Chairman in 2012 and President and CEO in 2015. He has a
35-year track record of global financial services experience
working on behalf of ORIX.
“We are grateful to Hideto Nishitani for his dynamic, thoughtful
and tireless service to ORIX USA over the past 14 years," said ORIX
CEO Inoue. “He has been a source of continuity and stability
through ORIX USA’s decade-long growth and deserves high praise as a
major driver in the success of ORIX’s platform in the U.S. during
his tenure, especially during the last five years as Chairman,
President and CEO of ORIX USA.”
ORIX Corporation USA (ORIX USA)
Since 1981, ORIX USA has provided innovative capital solutions
that clients need to propel their business to the next level. ORIX
USA and its subsidiaries—Boston Financial Investment Management,
Lancaster Pollard, NXT Capital, Mariner Investment Group, RB
Capital and RED Capital Group—include a team of more than 1,100
employees spanning 35 offices across the U.S. and Brazil. ORIX USA
and its family of companies have $65 billion of assets under
management, administration and servicing (including more than $10
billion held by the company and its subsidiaries). Its parent
company, ORIX Corporation, is a publicly owned international
financial services company with operations in 37 countries and
regions worldwide. ORIX Corporation is listed on the Tokyo Stock
Exchange (8591) and New York Stock Exchange (IX). For more
information on ORIX USA, visit www.orix.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20190913005329/en/
Dione Martin dmartin@marketwave.biz 214.492.3688
Jeff Smith jeff.smith@orix.com 214.237.2301
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