Konica Minolta Makes CEO Switch

(PRESS RELEASE) RAMSEY, NJ – Konica Business Solutions U.S.A., Inc. (Konica Minolta) today announced changes designed to better execute on its digital transformation (DX) strategies and align with global teams to accelerate growth across the entire organization.

Effective April 1, 2022, Patrick Banno, currently serving as President and CEO, will transition to Konica Minolta, Inc. as Senior Corporate Vice President responsible for the Business Management and Sales Company Management Division for Business Technologies. He will also lead the Digital Workplace DX Business Headquarters in Japan.

Sam Errigo, COO, will be promoted to President and CEO, also effective April 1. In his new role, Errigo will drive Konica Minolta’s business and technology strategy to further the company’s DX initiatives, strategic partnerships and business growth to ensure shareholder value.

These new appointments follow last week’s announcement from Konica Minolta, Inc., in which current global President and CEO Shoei Yamana’s role was re-designated to Director, Executive Chairman and Executive Officer, and Toshimitsu Taiko was named his successor.

“I look forward to working with renewed focus to expand our core technology while forging ahead with solutions to support our clients’ adoption of the Intelligent Connected Workplace, including managed IT services, intelligent information management and video security solutions, as well as other emerging services,” said Sam Errigo, President and CEO, Konica Minolta. “Working in concert with our global teams will position us to serve our clients more effectively with their digital transformation initiatives, and enable us to continue to grow our business worldwide.”

Konica Minolta remains focused on digital innovation and the creation of sustainable corporate value. The company is confident this new leadership strategy will successfully guide it through its long-term management vision “Imaging to the People,” which aims to fulfill the needs of society by embracing the ever-evolving state of imaging while accelerating its DX portfolio.