NEWS 170 : KYOKUYO ANNOUNCES PERSONNEL CHANGES
Kyokuyo announced today that Shusaku Yamada, Managing Director, will concentrate on taking the lead in its material purchasing operations, effective September 1, 2013. The company's president Katsuhiko Ochi will directly take charge of Kyokuyo's newbuilding and repair sales operations, responsibilities of which were previously assumed by Shusaku Yamada.
It is a strategic retouch to the directors duties responding to the recent and expected hike in prices of machineries and materials. By letting Yamada to concentrate on purchasing operations, Kyokuyo aims to further enhance its cost competitiveness. At the same time, this change allows the company to make order-related decisions more quickly.
Kyokuyo also announced that additional reshuffle of assignments for officers and managers (listed below), by which 2 officers : Satoshi Saeki and Norihiko Harada swap their positions. The company expects the experience and leadership of Saeki and Harada will energize their new divisions by bringing a fresh view. The management also expects the officers and the managers to gain wider perspective and to deepen their knowledge as future executive candidates.
Changes to Managing Board :
| Name | Previous Assignment | New Assignment |
|---|---|---|
| Shusaku Yamada | Managing Director (Newbuilding Business, Repair Business, Material Purchasing) | Managing Director (Material Purchasing) |
N.B. President Katsuhiko Ochi will directly supervise Newbuilding Business and Repair Business Operations.
Changes to Officers :
| Name | Previous Assignment | New Assignment |
|---|---|---|
| Satoshi Saeki | Corporate Officer, General Manager of Production Division | Corporate Officer, General Manager of Material Purchasing Division |
| Norihiko Harada | Corporate Officer, General Manager of Material Purchasing Division | Corporate Officer, General Manager of Production Division |
Changes for Managers :
| Name | Previous Assignment | New Assignment |
|---|---|---|
| Mitsunari Konishi | Manager of Outfitting Department, Production Division | Manager of Hull Construction Department, Production Division |
| Koichi Terasaki | Manager of Hull Construction Department, Production Division | Manager of Outfitting Department, Production Division |
All the changes are effective September 1, 2013.
[2013/08/28]
