The Board of Directors of NSK Ltd. announced the promotion of Dr Ulrich Nass as Chief Executive Officer of NSK Europe Ltd. His appointment is effective since 1 October 2019. Dr Nass was also appointed Vice President of NSK Ltd. on the same date. Since taking over as Chief Operating Officer in February 2019, he has initiated the transformation of NSK Europe for the future.
“On behalf of everyone on the Board of Directors,” said Masatada Fumoto, his predecessor, “I congratulate Dr Nass on his appointment and would like to wish him all the very best and every success in his new key position for the future development of NSK Europe and mastering the tasks that lie ahead.”
Masatada Fumoto had joined NSK in 1984 and was appointed Chief Executive Officer of NSK Europe Ltd. in April 2018. He will continue his assignment as Executive Vice President of NSK Ltd. and Head of Automotive Steering & Actuator Division HQ.
NSK is a global organization researching, designing, and manufacturing Motion & Control solutions supporting essential mobility and industry applications. The company is currently the top supplier of bearings in Japan, and it is also the third largest supplier in the world by market share.