At its Board of Directors meeting, JVC KENWOOD Corporation resolved to change the Representative Director of the Board as of May 14, 2014. As the company aims to address the significant sales decline, particularly overseas, and to expand and strengthen the Car Electronics and Professional Systems businesses, the Director of the Board (External) of the company, Takao Tsuji, with his expertise in the industry and in diversifying operational experiences, will be appointed President, Representative Director of the Board and COO (Chief Operating Officer) as of May 14, 2014. The incumbent President, Representative Director of the Board and COO Shoichiro Eguchi will be appointed Representative Director of the Board and CEO for Europe.

In order to innovate business operations from overseas, the incumbent Director, Senior Executive Vice President & Executive Officer, General Manager of Professional Systems Segment, Corporate Planning/Product Strategy Planning Division, Production Strategy Planning Division, and Emerging Market Division, Kazuhiro Aigami, will be the newly appointed Representative Director of the Board and CEO for the United States. Accompanying the change, it should be noted Takao Tsuji will no longer be the Company's Director of the Board (External) as an independent director pursuant to the rules of the Tokyo Stock Exchange. The former position of Kauhiro Aigami is Director of Board, Senior Executive Vice President and Executive Officer, General Manager of Professional Systems Segment, Corporate Planning/Product Strategy Planning Division, Production Strategy Planning Division, and Emerging Market Division.