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Panasonic appoints new managing director for CEE

Author Mario Tanev
Panasonic appoints new managing director for CEE David Preece; Photo: Panasonic / All rights reserved.

SOFIA (Bulgaria), October 10 (SeeNews) - Japanese electronics corporation Panasonic announced on Thursday that David Preece has been appointed managing director for Central and Eastern Europe (CEE) as of October 1.

Preece has been part of Panasonic's team since 1991, the company said in a statement.

In Southeast Europe, Panasonic is active in Bulgaria, Croatia and Romania. In 2018, the company sold its entire stake in Slovenian white goods manufacturer Gorenje.

Panasonic generated sales of some 62.5 billion euro ($68.9 billion) in its financial year ended March 31, 2019.

($ = 0.9076 euro)