Notice of Changes of Chairman, President and Board Members
- other
2018-02-02
Toyota Tsusho Corporation announces that its Board of Directors resolved at a meeting held on February 2, 2018 that the following personnel changes of Chairman, President and Board Members be made.
1. Reason for the changes
To rejuvenate the company’s top management and make a new leap forward.
2. Details of the changes
| Name | New | Current |
|---|---|---|
| Satoshi Ozawa | Member of the Board | Chairman of the Board |
| Jun Karube | Chairman of the Board | President & CEO |
| Ichiro Kashitani | President & CEO | Senior Managing Executive Officer, Chief Division Officer of Automotive Division |
3. Scheduled date of assumption of office
April 1, 2018
Note:
Satoshi Ozawa will retire from the Board of Directors and become a Senior Advisor to the Board following resolutions at the General Meeting of Shareholders in June 2018 and the Board of Directors meeting to be held after its completion.
Jun Karube will continue as Chairman of the Board following resolutions at the Ordinary General Meeting of Shareholders in June 2018 and the Board of Directors meeting to be held after its completion.
Ichiro Kashitani will become President & CEO following resolutions at the Ordinary General Meeting of Shareholders in June 2018 and the Board of Directors meeting to be held after its completion.
4. Brief career summary of new President & CEO
|
New position
|
President & CEO |
|---|---|
|
Name
|
Ichiro Kashitani |
|
Date of birth
|
April 25, 1959 (58 years old) |
|
Brief biography
|
April 1983 Joined Toyota Tsusho June 2011 Executive Officer April 2015 Managing Executive Officer June 2016 Managing Director April 2017 Member of the Board, Senior Managing Executive Officer June 2017 Senior Managing Executive Officer |
The information in this release is current as of the date of announcement.
Please note that information may change after the date of announcement. Thank you in advance for your understanding.