TOKYO, Mar 25 (Pulse News Wire) – Mitsubishi Materials Corporation (5711.T) announced today that its Nomination Committee has finalized candidates for directors to be presented at the upcoming annual shareholders meeting scheduled for late June 2026. Additionally, the board decided to dissolve the Sustainability Committee upon conclusion of the shareholders' meeting.
Among the newly appointed directors are Jason Frank, who will join the board as an independent director, and Noriko Noguchi, who will take up the role of Chief Human Resources Officer (CHRO). Current directors Nobuyuki Ono and Takashi Wakabayashi are set to retire post-shareholders’ meeting. The board also nominated Yasuo Sasaki as the candidate for chairman of the board, effective after the shareholders' meeting.
Furthermore, committee members for the Nomination, Audit, and Remuneration Committees were selected, with Yasuko Shibafu serving as chair of the Nomination Committee, Katsuhiko Takeuchi leading the Audit Committee, and Hiroshi Igarashi heading the Remuneration Committee. Noguchi’s appointment includes stock compensation based on a trust mechanism, which will amount to 13,474 shares upon her retirement from executive duties. The dissolution of the Sustainability Committee follows its successful monitoring and discussion of sustainability issues within the group.
With evolving board dynamics, these matters will now be addressed comprehensively by the entire board.
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