What Happened?
New York, NY-based Itochu Promoted Elizabeth Shehata as Vice President of Human Resources and General Manager
About the Company
Itochu International Inc. is the North American flagship company of the Itochu Group. Itochu provides trading services for more than 20,000 items and manages a portfolio of more than 20 subsidiaries and affiliates. Incorporated in New York in 1952 and headquartered in midtown Manhattan, Itochu has nine offices from coast to coast in the United States, as well as operations in Canada and Mexico, and is staffed by approximately 160 employees. Its subsidiaries employ thousands more. Itochu operates in a wide variety of businesses, with particular strength in the machinery, energy, aerospace and electronics, food, forest products, chemicals and textiles sectors. Itochu and its subsidiaries have assets of nearly $1.7 billion and annual revenues of over $3.6 billion in the last year. Itochu’s parent company, Itochu Corporation, is headquartered in Tokyo, and was established more than 150 years ago as a trading company, importing and exporting items around the world. Today, the Itochu Group still offers trading services but it also owns or has significant investments in 400 companies. In addition to several offices in Japan, our parent company has ten regional subsidiaries that partner with businesses everywhere. With 153 offices and 326 subsidiaries and affiliated companies, and over 105,800 employees in 74 countries as of March 2016, Itochu Corporation boasts one of the most extensive business networks anywhere. Ranked among the Fortune Global 500, Itochu Corporation had over $45 billion in annual revenue last year
About the Person
Elizabeth Shehata is Vice President of Human Resources and General Manager at Itochu. Previously, Elizabeth held various HR leadership positions in the industry.
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