Shigenobu Nagamori, a work-obsessed Japanese billionaire who jokes he plans to live to 120, already has three heirs when he begs Jun Seki to join his $37 billion company. put the person aside.
It was November 2019. Nagamori, who was 75 at the time, invited the young man to dinner at Ryokubaso, a high-class traditional restaurant. Kaiseki A restaurant he runs in Kyoto. So Seki made an offer to join Nidec and become the chief operating officer of the world’s largest electric motor manufacturer. He has built a business supplying motors for electric vehicles, and if that goes well, the CEO role will be his.
The timing was no coincidence. A month earlier, Seki had lost his top job at Nissan. The then 58-year-old executive thought he was too good to pass up the chance to run one of Japan’s iconic companies.
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