18
2nd QUARTER 2014
M
ichael Riccio has always been a “big
picture” kind of guy, and as CFO of
Panasonic Corp. of North America —
the first non-Japanese executive to hold that
position — he gets to satisfy his thirst for
knowledge every day.
“We used to provide products, but
increasingly we’re focusing on end-to-end
business, solar, and other solutions,” says
Riccio, who’s been with the Newark-based
company — a key component of the For-
tune Global 100 firm Panasonic Corporation
— since 1986.
“In this phase I’m acting as a change-
management leader, reorienting Panasonic
from its former vertical product alignment to
a horizontal development scope that’s appro-
priate for the new direction of the company.”
The most exciting part of being a CFO is
getting involved in every aspect of the
business, he adds.
“As a member of the management team
Adjusting
The Big Picture
PANASONIC CFOMICHAEL RICCIO ENJOYS THE CHALLENGE
AS THE COMPANYMOVES BEYONDTV’S TOOTHER
CONSUMER AND B2B PRODUCTS
The brand-new LUMIX GH4 delivers
fantastic image quality in 4K video and
offers an assortment of 26 lenses
BY MARTIN DAKS
FEATURED
CFO
