Eugene Sakasegawa, founder and president of Saki...

Eugene Sakasegawa, founder and president of Saki Magnetics Inc., has been named chairman and chief executive officer of the Calabasas company. Richard P. Drake, former group vice president of Cetec Corp. in El Monte, is replacing Sakasegawa as president and chief operating officer.

Saki Magnetics, a subsidiary of TDK Electronics in Japan, makes magnetic recording heads.