SUMIDA: Company News

Notice Regarding Change of Representative Executive Officer

March 28th 2022
Press Release

SUMIDA CORPORATION (the “Company”) announced change of Representative Executive Officer with the resolution adopted at the Board of Directors meeting held on March 25, 2022, as follows.

  1. Change of CEO, Representative Executive Officer

     Name New Position   Previous Position
    Shigeyuki Yawata Director (Chairman of the Board of Directors) Director (Chairman of the Board of Directors) and
    Representative Executive Officer, CEO
    Kanji Hori  Representative Executive Officer, CEO Representative Executive Officer, President
  2. Reason for Change
    As decided by the Board of Directors
  3. Effective Date of Change
    March 25, 2022
  4. Profile of New Representative Executive Officer
    (1) Date of Birth: June 13, 1965
    (2) Career
    Aprill 1988 Joined Mitsui Bank (current Sumitomo Mitsui Banking Corporation)
    July 2003 Joined Sumida Electric Co., Ltd.
    October 2010 President, SUMIDA AMERICA COMPONENTS INC.
    (merged with PONTIAC COIL December 2021, current SUMIDA AMERICA INC.)
    June 2018 CEO, PONTIAC COIL INC. (Current SUMIDA AMERICA INC.) (incumbent)
    August 2018 Managing Director, Sumida Power Technology Co., Ltd.
    (merged with Sumida Electric Co., Ltd. in October 2020)
    April 2019 Executive Vice President of the Company
    March 2020 Executive Officer, President of the Company
    March 2021 Representative Executive Officer, President of the Company

    (3) Number of Company's shares held: 6,400 shares