Shigehisa Takada, the CEO of bankrupt Japanese air bag maker Takata Corp., has stepped down after the transfer of most of the company's assets to U.S. auto parts maker Key Safety Systems Inc. was completed, the company said Thursday.Executive Director Yoichiro Nomura replaced Takada as president as of Wednesday and is tasked with repaying creditors and making other settlements. Takata will retain some air bag inflator operations to supply replacement parts following the company's massive global recalls.With the purchase of Takata's assets and businesses, Key Safety Systems was rebranded as …READ FULL ARTICLE
