There’s a long road ahead for the new general counsel of Takata Corp.’s North American subsidiary, TK Holdings Inc. The Japanese automotive supplier has come under fire for refusing to comply with federal regulators over recalling air bags that could spray shrapnel at occupants, according to Auto World News. The air bags have been associated with at least five deaths. Last week, Takata President Stefan Stocker resigned and CEO Shigehisa Takada took over the role. Now the company is announcing Bruce Angiolillo of Simpson Thacher & Bartlett is joining the company as TK Holdings’ head of legal.
“I’m honored to have been appointed to this important role at a time when Takata is clearly facing some challenges, but also has significant opportunities ahead of it to regain the full confidence of the public and its customers,” said Angiolillo in a statement. “I am eager to help identify and pursue solutions that are in the best interests of the driving public and are fully aligned with our customers and regulators.”
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
