Horizon Nuclear Power Ltd., in Britain, said that its Board of Directors Chairman Tatsuro Ishizuka is standing down to take on a new role as Chairman of the Hitachi Research Institute. He will be replaced by Masahide Tanigaki, who has been with Hitachi Ltd since 1975.
Most recently, through April 2014, Tanigaki, who is based in Tokyo, was the representative executive officer, senior vice president and executive officer at Hitachi Ltd. He has help previous positions as chairman of the board for Hitachi-GE Nuclear Energy Ltd and advisor to the chief executive officer of Hitachi.
The changing of the guard at Horizon Nuclear Power will occur June 30, when Mr. Ishizuka will step down. Mr. Tanigaki will take the chairman's position on July 1.
Mr. Ishazuka served on the Horizon board of directors from 2012 to 2014. He left the board briefly and was appointed chairman in April 2015.
Horizon Nuclear Power also has a new CEO. The company's first CEO Duncan Hawthorne took the top executive position in March 2016. Previously, Mr. Hawthorne was the CEO of Bruce Power LP in Canada, which is one of the world's largest nuclear power stations.
Mr. Tanigaki will preside over Horizon Nuclear Power from his base in Tokyo, while Mr. Hawthorne will primarily be based in Gloucester in England.
Last week, Horizon Nuclear Power announced it had formed a joint venture called Menter Newydd (“New Venture” in Welsh) to act as its major supply chain for the Wylfa Newydd nuclear plant project. That venture includes a partnership of JGC, Bechtel, and Hitachi Nuclear Energy Europe Ltd.