TOKYO -- Mitsubishi Motors' former Chairman, Osamu Masuko, died from "cardiac insufficiency" on Aug. 27, the Japanese automaker said in a statement on Monday. He was 71.
Masuko, a veteran of the Mitsubishi conglomerate, had just weeks after he resigned as chairman, citing health reasons for his decision to step down.
Masuko joined Mitsubishi Motors in 2004 and became president in 2007. He oversaw the creation of the partnership between Mitsubishi and Nissan.
Mitsubishi Motors said he died on Aug. 27.
"He built solid relationships with the management of partners, the Alliance companies and the Mitsubishi Group through good communications by leveraging his personality and extensive connections," the company said.
The former chairman's death comes as the alliance between Mitsubishi, Nissan and French automaker Renault SA struggles to regain profitability in the aftermath of the ouster of former alliance chairman Carlos Ghosn.
Masuko was…