March 9, 2018
Kobe Steel, Ltd.
Kobe Steel, Ltd. announces that its Board of Directors at the board meeting held today adopted a resolution to appoint a new president. Details follow below.
| Name | New Position | Current Position |
|---|---|---|
| Mitsugu Yamaguchi | President, CEO and Representative Director | Executive Vice President and Representative Director |
At the Board of Directors meeting held on March 5, Chairman, President, CEO and Representative Director Hiroya Kawasaki decided to resign on April 1. Consequently, the Board of Directors at the board meeting held today adopted a resolution for the successor to the president.
Under a new structure in the coming future, Kobe Steel intends to fulfill its responsibilities with regard to the series of misconduct, along with restoring the trust of everyone as quickly as possible. Kobe Steel will move forward with fundamental reforms to the organization and its corporate culture.
April 1, 2018
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