We haven't heard much about Suzuki since it decided to leave the US market in 2012, but things are going well for the little automaker these days with the recent announcement of record annual profits. It would seem that investors should be ecstatic, but they are starting to question the man at the helm. Company president and chairman Osamu Suzuki is now 84 years old and is guaranteed at least one more year as the leader, but shareholders want to know who is taking his place when the inevitable happens.

We're not being ageist, here. As long as the Suzuki can run the company to the satisfaction of investors, he absolutely deserves the top spot. According to Bloomberg, the issue making shareholders so edgy is that the business doesn't have a transition plan in place. The president obviously isn't a young man, and folks are worried that if something happens suddenly, there could be chaos deciding a successor and a free-falling stock price.

Suzuki's tenure at the company is somewhat astounding. He married the granddaughter of the founder and took her name because the family had no male heirs. In world where many people hope to retire as soon as possible, he's worked for the same automaker for the last 50 years, including stints as company president from 1978 to 2000 and 2008 to the present. Investors aren't questioning the president's ability as a business leader; they just want a clearer understanding of the automaker's future direction.


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  • 14 Comments
      Scott Satellite
      • 5 Months Ago
      Shareholders are every company's worst enemy, a close second behind focus groups.
      AnalogJesse
      • 5 Months Ago
      Dear AutoBlog, Please don't give in to the clickbait title trend. I won't come to your site if you do. -Long-time User
      Avinash Machado
      • 5 Months Ago
      Age does not matter.Kirk Kevorkian is 98 years old and still a CEO.
        wilkegm
        • 5 Months Ago
        @Avinash Machado
        If you really believe age doesn't matter, take a look at the US Senate.
      Matthew Simmons
      • 5 Months Ago
      Those eyebrows are amazing.
      berto
      • 5 Months Ago
      His eyebrows are making me nervous.
      Travis C. Vasconcelo
      • 5 Months Ago
      It is a shame they aren't working on a new American sales arm of Suzuki automobiles. I owned 2 real Suzuki's and one GM sourced Suzuki and can't say enough about the quality of the vehicles. I wish I still and the 1989 Suzuki Swift GTi I owned until 1994. It was a great little car and I stupidly traded it off to get something "new". Nothing wrong with it...just wanted the next best thing. I can't say a bad thing about any of the three Suzuki's I have owned. However, I can't say that about many other cars I have owned. Worst car I ever owned was a BMW. Cost more to maintain and repair than anything I have ever owned. Reliability for it was measured in minutes...not years like a Suzuki!
      Willy
      • 5 Months Ago
      No. Everyone wonders who's eyebrows can be commanding such as his?!
      • 5 Months Ago
      They never really understood the US market. The only time their sales really increased was when GM forced them to sell rebadged Daewoo's for cheap prices. Sub prime buyers could get a car for cheap money. They were hurt by crappy quailty and poor dealer support. To bad really because they actually made some good products in Japan.
        GR
        • 5 Months Ago
        They used to sell okay. This was back before small CUVs entered the market and so Suzuki was the niche specialist for small SUVs. The problem with Suzuki is that they are rather low tech and slow to evolve. When the competition offered newer alternatives, Suzuki did not do much to offer competitive products. Real Suzukis aren't bad at all. I've owned two (1998 Sidekick and 2011 Kizashi) and think they are great cars for the money. However, Suzuki is not nearly as innovative as the competition and have rather dated powertrains. The good thing is that they are proven and reliable and Suzukis are sturdy cars.
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