Sharp Electronics Corp. has new CEO, president

Sharp Corporation announced Thursday that it has named a new CEO and president of Sharp Electronics Corporation, the subsidiary that runs its business in the Americas.The Mahwah-based company, which is moving to Montvale, said Doug Albregts will succeed Toshiyuki Osawa as part of a recent strategic alliance with the Taiwan-based Hon Hai Precision Industry Co. Albregts is adding the roles to his previous position as president of Sharp Imaging and Information Company of America, which manages Sharp’s business-to-business operations.

“The appointment of Doug Albregts to this important position is a testament to the success of the local leadership of the business solutions team at SEC over the past few years,” Sharp Corporation CEO and President Tai Jeng Wu said in a prepared statement. “With the many great opportunities in the B2B space, SEC will focus on growing and diversifying its business technology in the Americas, working in synergy with Hon Hai’s vast experience in this sector.”

Sharp said the transition to local leadership will support the new B2B emphasis.

Albregts joined Sharp in 2011 as president of SIICA, handling the strategy and performance of the business solutions unit, which handles items such as multifunction printers and commercial displays in the U.S. Before joining Sharp, Albregts worked in executive roles with companies such as Samsung Electronics of America, Canvys and NEC.

“I’m truly honored to be named president and chief executive officer of SEC,” he said in a statement. “My main objective is to ensure financial stability and growth for products and services of SEC in the Americas. The additional resources and reach obtained by working with Hon Hai opens up an exciting new future for us.”