Panasonic Names John Iacoviello to Lead Combined Sales, Marketing Functions

SECAUCUS, N.J., Dec. 22 /PRNewswire/ -- Panasonic Consumer Electronics Company has named John Iacoviello President of the company's newly consolidated Sales & Marketing Group. Mr. Iacoviello is currently Senior Vice President in charge of the Product and Marketing Group, which will be incorporated into the new structure.

"This management change enables us to show a single face to our channel partners and customers," said Panasonic Consumer Electronics Company President Martin Kono. "And in addition, it will speed up decision-making and communication within Panasonic's supply chain. John Iacoviello has just the right combination of marketing leadership and sales experience to make this newly consolidated group successful."

"Panasonic is a technology leader, with the best Plasma TVs, digital cameras and optical disc products on the market," Mr. Iacoviello said. "I look forward to this opportunity to work even more closely with our channel partners."

About Panasonic Consumer Electronics Company

Based in Secaucus, N.J., Panasonic Consumer Electronics Company is a division of Panasonic Corporation of North America, the principal North American subsidiary of Matsushita Electric Industrial Co. Ltd. and the hub of Panasonic's U.S. marketing, sales, service and R&D operations. For more information about Panasonic, its leadership in Plasma TV and other digital products visit http://www.panasonic.com/. Additional company information for journalists is available at http://www.panasonic.com/pressroom.