Cagri Toraman is an accomplished professional with extensive experience in strategic planning, corporate performance, and business development. Currently serving as the Director at Arçelik Hitachi Home Appliances since July 2021, Cagri has previously held key roles at Beko Global and Arçelik A.Ş., where responsibilities included price and cost analysis, value chain monitoring, and financial controlling. Cagri's early career included positions at Nobel Ilac A.S. and Alvimedica, where expertise in feasibility studies and performance management systems was developed. Cagri holds a Bachelor’s degree in Metallurgy and Materials Science Engineering, an MBA, and is currently pursuing a PhD in Business Administration at Bahcesehir University.
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Arçelik Hitachi Home Appliances
Arçelik Hitachi Home Appliances was established on July 1st, 2021 as a joint venture between Arçelik and Hitachi Global Life Solutions, Inc. to manufacture, sell and provide after-sales services of Hitachi branded home appliances including refrigerators, washing machines, vacuum cleaners globally (outside of the Japanese market). Arçelik acquired 60% ownership in the new company while Hitachi Global Life Solutions, Inc. continues as a 40% shareholder of the company. Through this joint venture, Arçelik and Hitachi Global Life Solutions, Inc. have combined their expertise in other key areas such as R&D, procurement and production systems to optimize the joint venture's global supply chain and strengthen its competitive positioning in the market.