April 25, 2014
Announcement on change of President
Kissei Pharmaceutical Co., Ltd.
At the meeting of our Company's Board of Directors on April 25, 2014, a decision was made to change the President as follows.
This change will be authorized at the regular shareholders' meeting and at the meeting of Board of Directors, both scheduled for June 27, 2014.
1.The reason for change
This change is intended to establish a new management structure that can be further consolidated and strengthened through improved dynamic capabilities. , The CEO (Chief Executive Officer) has overall responsibility for corporate management, while the COO (Chief Operating Officer) assumes overall responsibility for business.
2.The new roles
New title | Name | Current title |
Chairman and Chief Executive Officer (CEO) | Mutsuo Kanzawa | President and Chief Executive Officer (CEO) |
President and Chief Operating Officer (COO) | Masaki Morozumi | Managing Director, Division Director of Sales and Marketing Division |
3.Resume of the new President
Name | Resume | Shares held |
Masaki Morozumi (born August 2, 1955) |
April 1980 Joined Kissei Pharmaceutical Co., Ltd. October 2004 Regional Director, Kanetsu Branch, Sales and Marketing Division October 2006 Regional Director, Osaka Branch, Sales and Marketing Division June 2008 Member of the Board, Associate Division Director of Sales and Marketing Division June 2010 Member of the Board, Division Director of Sales and Marketing Division June 2012 Managing Director, Division Director of Sales and Marketing Division (to the present) |
6,800 shares |
4.Planned date of implementation
June 27, 2014