Furukawa Electric Co., Ltd. Announces Executive Changes
March 18, 2013 at 09:00 am EDT
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Furukawa Electric Co., Ltd. announced the appointment of two new Corporate Vice Presidents. Dr. Timothy Murray, CEO of OFS Fitel, LLC (OFS), and Mr. Foad Shaikhzadeh, President of Furukawa Industrial S.A. Produtos Eletricos (FISA) will join FEC's global management board effective April 1.
Dr. Murray is CEO and Chairman of OFS, an advisor to FISA, and member of the board of SuperPower Inc. Mr. Foad Shaikhzadeh is President of Furukawa Industrial S.A. Produtos Eletricos and a board member for OFS.
Furukawa Electric Co Ltd specializes in manufacturing and marketing electric, electronic and telecommunication equipment. Net sales break down by family of products and services as follows:
- electronic equipment (54.1%): automotive components, batteries, fiber-optic amplifiers, etc.;
- telecommunication infrastructures products (28.6%): fiber-optic cables, connectors, couplers, optical transmitters and receivers, routers, etc.;
- electric equipment (14.2%): electric power suppliers, vital lead, electric cables, etc.;
- other (3.2%): primarily real estate services.
Net sales are distributed geographically as follows: Japan (52.6%), China (9.5%), Asia (21.5%) and other (16.4).
FURUKAWA ELECTRIC CO., LTD. 
