FOR IMMEDIATE RELEASE
February 9, 2016
Company Name: Asahi Group Holdings, Ltd. Representative Name: Naoki Izumiya, President and Representative Director, CEO Securities Code: 2502
Stock Listings: Tokyo Stock Exchange, First Section Contact: Kazutomo Tamesada,
General Manager, Public Relations Section Phone: +81-3-5608-5126
Notice of Change of Representative Directors (Change of President)
Asahi Group Holdings, Ltd. (the "Company") hereby announces that it decided at a meeting of the Board of Directors held on February 9, 2016 to change representative directors, as described below.
The new representative directors are scheduled to officially assume the office at a meeting of the Board of Directors to be held after the ordinary general meeting of shareholders to be held in March.
Reason for the Change
The Company has instituted a new Medium-Term Management Policy under which it will further promote the globalization of the Asahi Group and undertake strengthening of the business foundation in Japan and is making this change in the management organization to accomplish these management tasks. The Company views this organizational change as an opportunity to further advance the Group's ongoing initiative of management for corporate value enhancement.
Names and Titles of the New and Current Representative Directors
Name
New Title
Current Title
Naoki Izumiya
Chairman and Representative Director, CEO
President and Representative Director, CEO
Akiyoshi Koji
President and Representative Director, COO
Director, President and Representative Director of Asahi Breweries, Ltd.
Katsuyuki Kawatsura
Retiring
Executive Vice President and Representative Director
Scheduled Date of Assumption of Office March 24, 2016
Reference: Change of Representative Directors of Operating Companies
Name | New Title | Current Title | Scheduled Date of Assumption of Office |
Shinichi Hirano | President and Representative Director, Asahi Breweries, Ltd. | Director and Vice President, Asahi Breweries, Ltd. | March 18 |
Hiroshi Shiraishi | President and Representative Director, LB Co., Ltd. | Managing Director and General Manager, SCM Headquarters, LB Co., Ltd. | March 18 |
*LB Co., Ltd. retiring president and representative director Mr. Katsuo Shoyama is scheduled to assume the office as an executive managing director of Asahi Group Foods, Ltd. on March 18, 2016.
Asahi Group Holdings Ltd. issued this content on 09 February 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 09 February 2016 10:38:54 UTC
Original Document: http://www.asahigroup-holdings.com/en/ir/pdf/16pdf/160209_03.pdf