Panasonic Holdings Corporation announced PanasonicWELL, a new global innovation organization inside Panasonic intended to deliver solutions to enable families worldwide to live well. "Well" describes the intersection of health and wellness including mental well-being, longevity, nutrition, sleep health, mindfulness, daily productivity, among other categories that help people to live healthier and happier lives every day. The PanasonicWELL team will accelerate corporate innovation, incubation, and venture strategy for Panasonic and develop new ways to expand reach and enhance the lives of billions of families worldwide.

To lead this new division, Panasonic has appointed Yoky Matsuoka to serve as the CEO of PanasonicWELL. PanasonicWELL will create an ecosystem of solutions to enable modern families to achieve the universal goals ofaring well, eating well, sleeping well, moving well, working well and aging well. The ecosystem will serve families through new and existing hardware products with a software-enabled experience, Responsible AI with utmost privacy, and human beings serving where technology cannot.

PanasonicWELL will incorporate new brands and future products focused on health, wellness, and well-being, enhance existing businesses by building a unified platform to service customers, and train next-generation employees to learn new technology and solutions. The growth of the PanasonicWELL team includes Chip Lutton as the Global Head of Legal. Previously, Lutton has held roles at Apple, Nest Labs, Google and C3 AI, where he has been a key leader in strategic legal counsel.

Peter Markatos has joined as the Global Head of Design & Experience for PanasonicWELL.