Masataka Shimizu
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Masataka Shimizu | |
|---|---|
| Born | June 23, 1944 Kanagawa Prefecture, Japan |
| Alma mater | Keio University |
| Occupation | Businessman |
| Known for | President and CEO of Tokyo Electric Power Company (TEPCO) |
Masataka Shimizu (清水 政孝, Shimizu Masataka, born June 23, 1944) is a director of Fuji Oil Company, and was the president and chief executive officer of Japanese electric utility Tokyo Electric Power Company (Tepco) from 2008 to 2011. He was also a vice-chairman of Keidanren, the employers' federation of the companies of Japan,[1][2] until he stepped down after the Fukushima Daiichi nuclear disaster.[3] On July 25, 2012, he became an outside director of Fuji Oil.[4][5]
Shimizu was born on June 23, 1944, in Kanagawa Prefecture, and graduated from Keio University in 1968. He was placed in charge of general affairs for Fukushima Daini Nuclear Power Plant in 1983. He was appointed president of Tepco in June 2008.[6]
President of Tepco
Before his presidency, an earthquake in Niigata in 2007 caused fire and radioactivity releases at the Kashiwazaki-Kariwa nuclear plant, forcing the plant to shut down.[7] As a cost cutter, he was praised for improving profitability of the company.[8]
On January 18, 2011, Shimizu attended the annual meeting of World Economic Forum,[9] stating said that his company sought to provide a “stable supply of electricity and environmental protection”.[10]