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Medium-duty commercial truck maker names first American-born president/CEO.
Logan Township, NJ, July 29, 2005 — Mitsubishi
Fuso Truck & Bus Corporation
(MFTBC), Tokyo, has appointed Robert E. McDowell to the post
of President and CEO of Mitsubishi Fuso Truck of America,
Inc. (MFTA), effective August 1, 2005. McDowell, the first
American-born president of MFTA, replaces Isao Toda, who
will return to Japan.
 McDowell, a member of the “class of ’85,” as
the founding group of MFTA employees is known within the
organization, joined MFTA at its inception as regional sales
manager, charged with handling dealer development. He brought
with him extensive experience in the medium-duty truck market
from his previous employment with IVECO Truck of North America.
Recognized several times for outstanding sales achievement,
he was quickly promoted to eastern regional vice president.
From that position, he was promoted to vice president of
sales operations, and finally, in 2000, to executive vice
president and chief operating officer — the post he
held until Mr. Toda announced his current promotion.
Isao Toda leaves MFTA to become the president of Chiba Mitsubishi
Fuso in Japan. In departing, he noted, “I will remember
with great fondness the time I have spent working at MFTA
and living in this great country. I believe MFTA, under Bob
McDowell’s leadership and with the continued support
of its superb staff, will reach all of its goals for growth
in the coming years, and, while I am sad to leave, I know
I leave the business in good hands.”
Under Mr. Toda’s leadership, MFTA has grown steadily,
enjoying the highest monthly sales in its history in March
2005. McDowell has noted that continuing the company’s
pattern of growth will be his top priority.
“It’s an honor and a privilege to be asked to
serve as president of MFTA,” McDowell said upon learning
of his promotion. “We have an organization that I feel
is truly second to none in our industry, the people we have
are outstanding, and Mr. Toda has left us well positioned
for dramatic growth. I’m confident that, together,
we can carry out his vision.”
About Mitsubishi Fuso
Headquartered in Logan Township, NJ, MFTA markets a complete
line of diesel-powered, medium-duty, cabover trucks through
more than 170 dealer locations throughout the United States
and Canada. Currently, there are more than 80,000 Mitsubishi
Fuso vehicles in use in the U.S. and Canada, fulfilling the
transportation needs of a wide variety of businesses and
industries.
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