Yamaha Motor Ventures & Lab has shuffled its management, with Hiroshi Saijou moving to chairman and George Kellerman taking on his CEO and managing director roles.

Hiroshi Saijou, CEO and managing director of Japan-based small-vehicle producer Yamaha Motor’s corporate venturing arm, Yamaha Motor Ventures & Lab in Silicon Valley (YMVSV), has moved positions to chairman.

Saijou, a founder of YMVSV who featured on GCV’s 2016 and 2018 Powerlists, will also be general manager of new business development at Yamaha Motor. George Kellerman, formerly chief operating officer and general partner at YMVSV, will take on Saijou’s previous roles.

Kellerman told Global Corporate Venturing: “We launched…

Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.