The formal decision is expected at the 130th Annual General Meeting scheduled for June 25, followed by a post-meeting board session. - Koji Okada, currently Executive Officer and Head of Strategic Planning Department, will take over as President and Representative Director.
Reason for Change: This move aims to strengthen the implementation of the medium-term business plan under a new leadership structure. New CEO Background: Koji Okada, born on April 14, 1963, graduated from Waseda University's First Faculty of Letters. He joined Gunze in April 1987 and progressed through various executive roles, becoming an Executive Officer in April 2017, Managing Executive Officer in April 2022, and subsequently taking on additional responsibilities until his recent promotion.
Other notable changes include: - Nomination of Tomomi Nakajima as a non-executive outside director candidate. - Retirement of Yoko Nakai as a director. In addition, there will be internal promotions within the executive ranks effective June 25, with Yuji Hanagoe moving from Executive Officer, Strategic Planning Department Associate to Executive Officer, Strategic Planning Department Chief.
These changes reflect Gunze’s strategic realignment aimed at enhancing operational efficiency and driving future growth initiatives.
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