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AVX > SEC Filings for AVX > Form 8-K on 21-Oct-2009All Recent SEC Filings

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Form 8-K for AVX CORP


21-Oct-2009

Change in Directors or Principal Officers


Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On October 21, 2009, Mr. Yuzo Yamamura retired as a Director on the Board of Directors of AVX Corporation (the "Company"). Mr. Yamamura was a Class III Director whose term was set to expire at the Company's fiscal 2011 Annual Meeting in July 2011. Mr. Yamamura had been a member of the Board of Directors since 1995. He was also Vice Chairman of the Board and Representative Director of Kyocera Corporation ("Kyocera") since 2006. He was Director of Kyocera since 2003 and Advisor and Director of Kyocera Elco Corporation, a subsidiary of Kyocera, since April 2009. He was President and Representative Director of Kyocera Elco Corporation from 1992 to April 2009.

On October 21, 2009, the Board of Directors of the Company appointed Mr. Tatsumi Maeda to the Board to serve in place of Mr. Yuzo Yamamura until the next Annual Meeting in July 2010. Mr. Tatsumi Maeda has held the position of Representative Director & Executive Vice President General Manager Corporate Solar Energy Group and Corporate Electronic Components Group of Kyocera since April 2009. Mr. Tatsumi Maeda has also held various other Kyocera management positions since he joined Kyocera in March 1975.

Kyocera is the majority stockholder of AVX. See Note 14 to the Company's consolidated financial statements in its Annual Report on Form 10-K for the year ended March 31, 2009 and "Relationship with Kyocera and Related Transactions" in the Company's proxy statement for its 2009 Annual Meeting of Shareholders for information required under Item 404(a) of Regulation S-K concerning the Company's relationship with Kyocera. Such information is incorporated herein by reference.


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