Panasonic has named Michael Moskowitz Chairman and CEO of Panasonic Corporation of North America, the principal North American subsidiary of Osaka, Japan-based Panasonic Corporation.
Moskowitz is the first Canadian to take on this CEO role at the more than 100-year-old corporation, after most recently serving simultaneous roles as president of Panasonic Canada Inc. and Panasonic Consumer Electronics Company.
Prior to joining Panasonic, Moskowitz served as president and CEO of XM Canada and prior to that as president of Palm in the Americas International. He joined Panasonic in 2011 and since then has held several leadership positions of increasing responsibility. Over the past six years, he has improved Panasonic Canada's margins and profitability by expanding the company's focus to include solutions-based offerings for business-to-business (B2B) customers.
Moskowitz succeeds Tom Gebhardt, who is leaving the company after serving in a variety of leadership roles over his more than three decades with Panasonic. As CEO, Moskowitz will continue to work out of Panasonic's offices in Toronto and Newark, NJ.
"I am humbled and excited to take on this new role," says Moskowitz. "Panasonic Corporation of North America has successfully undergone an incredible transformation, redefining the relationships we enjoy with our B2B customers through innovation and customer centricity, cornerstones of our future success. That transformation was made possible by leaders like Tom Gebhardt, to whom we owe a debt of gratitude."
"The board of directors and I are excited to see Michael lend his great energy and vision to building on the momentum that Tom has created in an increasingly important market for Panasonic," adds Kazuhiro Tsuga, President of Panasonic Corporation. "We wish both leaders great success, and we thank Tom for his leadership and his many contributions throughout a distinguished career."
Gebhardt was named chairman and CEO of Panasonic Corporation of North America in 2017. Prior to that, he led Panasonic Automotive Systems Company of America, presiding over its growth into Panasonic's largest and most dynamic business in North America.
"It is with a heavy heart that I leave a place that has been my home for most of my life as well as the team who made every day and every professional challenge a thrilling opportunity," Gebhardt comments. "I leave confident that the company is well positioned to capitalize on the technology trends that will help our customers compete and succeed in today's ever-changing marketplace. My confidence is strengthened by Michael's business acumen and vision as well as his steady and inspiring leadership."
With the CEO transition smoothly underway, leadership announcements for Panasonic Canada and Panasonic Consumer Electronics of America will be forthcoming.