NJDCY - Nidec COO Jun Seki to quit says Nikkei

• Nidec's ( OTCPK:NJDCY ) ( OTCPK:NNDNF ) COO Jun Seki has decided to step down from the position and leave the company, the Nikkei newspaper reported on Thursday .
• Nikkei's report cites that vice chairman Hiroshi Kobe would take over Seki's post. However, a Nidec spokesperson told Reuters that no decision has been made, adding that no announcement has been made on this regard by the company.
• Seki, a former Nissan Motor executive, joined Nidec in 2020 to help the company become a major player in components for next-generation automobiles. He
• The report comes as the Japanese electric motor company struggles to find a successor for its 77-year-old chairman and current CEO Shigenobu Nagamori.
• Nidec's shares in the Tokyo Stock Exchange were down 3% at the end of the mid-morning trade on Thursday

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