Carlos A. Hoepers

With over 15,000 employees across 9 countries, Nidec Global Appliance manufactures and commercializes products for home and commercial applications, including refrigeration solutions, motors for washing machines, dryers and dishwashers, as well as components for heating, ventilation and air-conditioning systems (HVAC). Its focus is to deliver a complete and innovative portfolio with high standards of quality, reliability, competitiveness and energy efficiency. The division is part of Nidec Corporation, a global leader in motors and components for a wide variety of industries, with headquarters in Japan. About Nidec Corporation Parent company Nidec Corporation was established in Kyoto, Japan in 1973 by its Chairman and CEO Shigenobu Nagamori. In 1979, Nidec became the first company in the world to successfully commercialize a direct drive spindle motor for HDDs based on a brushless DC motor. Since then, the company has grown into a world-leading comprehensive motor manufacturer encompassing more than 300 subsidiaries employing over 100,000 people throughout the world and with annual sales exceeding $13B. Nidec's motors, drives, generators and related products are found in a diverse range of applications including computers, smartphones, home appliances, automobiles, manufacturing plants, robots and more. Further information: www.nidec.com