January 13, 2022 | |
Company name: | ESPEC CORP. |
Representative: | Masaaki Ishida, President |
Listing: | Tokyo, Stock Exchange, First section |
Securities code: | 6859 |
Inquiries: | Keiji Oshima, |
Chief Officer of Corporate Control Headquarters | |
Telephone: | +81-6-6358-4741 |
Notice of Change in Representative Directors and Appointment of Officers following Transition to a Company with Audit & Supervisory Committee
ESPEC CORP. (the "Company") hereby announces that by resolutions of the Board of Directors meeting held today, the Company will change its representative directors and appoint officers following the transition to a "Company with Audit & Supervisory Committee," subject to approval at the 69th Ordinary General Meeting of Shareholders to be held in June 2022.
Details of the transition to a Company with Audit & Supervisory Committee were disclosed separately in "Notice of Transition to a Company with Audit & Supervisory Committee" dated December 10, 2021.
Description
1. Change of Representative Directors (Scheduled for April 1, 2022)
- Reason for Change
The Company has decided to transition to a Company with Audit & Supervisory Committee, seeking to enhance deliberations in the Board of Directors meetings and further strengthen the Board of Directors' supervisory functions. Using this opportunity, the Company will rejuvenate and strengthen the management base by changing the president and to further enhance corporate value.
(2) Details of Change
Name | New Position Title | Current Position Title | |||||
Masaaki Ishida | Representative Director and | President | |||||
Chairperson | |||||||
Satoshi Arata | Representative Director and | Director | |||||
President | Senior Executive Officer | ||||||
(3) Career Summary of Newly Appointed Representative Director | |||||||
Number of | |||||||
Name(Date of birth) | Career Summary | Company | |||||
shares | |||||||
held | |||||||
Apr.1991 | Joined the Company | ||||||
Apr.2018 | Senior Executive Officer | ||||||
(present position) | |||||||
June 2018 Director(present position) | |||||||
Satoshi Arata | Apr.2019 Chief Officer, Environmental Test | 14,700 | |||||
Equipment Headquarters | |||||||
(October 7, 1966) | shares | ||||||
(present position) | |||||||
Apr.2021 Chief Officer, International Business | |||||||
Headquarters(present position) | |||||||
General Manager, Fukuchiyama Plant | |||||||
(present position) |
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2. Appointment of Officers following Transition to a Company with Audit & Supervisory Committee
-
Candidates for Directors (excluding directors who are Audit & Supervisory Committee members)
(Planned for submission to the 69th Ordinary General Meeting of Shareholders to be held in June 2022)
Name | New Position Title | Current Position Title | |||
Masaaki Ishida | Representative Director and | President | |||
Chairperson | |||||
Satoshi Arata | Representative Director and | Director | |||
President | Senior Executive Officer | ||||
Kazuhiro Suehisa | Director and | Director | |||
Managing Executive Officer | Senior Executive Officer | ||||
Keiji Oshima | Director and | Senior Executive Officer | |||
Executive Officer | |||||
Junko Nishitani | Director and | Executive Officer | |||
Executive Officer | |||||
Akihiko Yanagitani | Outside Director | Same as on the left | |||
Kazuo Hirata | Outside Director | - | |||
Note: Kazuo Hirata is a newly | appointed Outside Director | ||||
(2) Career Summary of Newly Appointed Outside Director | |||||
Number of | |||||
Name(Date of birth) | Career Summary | Company | |||
shares | |||||
held | |||||
Apr. 1977 Joined Nippon Telegraph and | |||||
Telephone Public Corporation (Current | |||||
NIPPON TELEGRAPH AND | |||||
Kazuo Hirata | TELEPHONE CORPORATION) | ||||
July 1993 Deputy Director, Nippon Telegraph and | 0 share | ||||
(December 4, 1946) | |||||
Telephone Public Corporation. | |||||
Apr. 1996 Joined New Japan Radio Co., Ltd | |||||
June 2007 President and Representative Director, | |||||
New Japan Radio Co., Ltd |
(3) Candidates for Directors who are Audit & Supervisory Committee Members
(Planned for submission to the 69th Ordinary General Meeting of Shareholders to be held in June 2022)
Name | New Position Title | Current Position Title |
Kunikazu Ishii | Director | The Standing Audit & |
(Audit & Supervisory Committee | ||
Supervisory Board Member | ||
member) | ||
Outside Director | Outside Audit & | |
Takahiro Tanaka | (Audit & Supervisory Committee | |
Supervisory Board Member | ||
member) | ||
Yasuko Yoshida | Outside Director | Outside Audit & |
(Audit & Supervisory Committee | ||
Supervisory Board Member | ||
member) | ||
(4) Candidate for Substitute Director who is an Audit & Supervisory Committee Member
(Planned for submission to the 69th Ordinary General Meeting of Shareholders to be held in June 2022)
Name | New Position Title | Current Position Title |
Substitute Outside Director | Outside Audit & | |
Masahiko Tsutsumi | (Audit & Supervisory Committee | |
Supervisory Board Member | ||
member) | ||
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3. Planned Directors Retirement
(Planned for retirement upon expiration of term at the 69th Ordinary General Meeting of Shareholders to be held in June 2022)
(1) Retirement as Directors
Name | Current Position Title | |
Taneo Shimada | Managing Director | |
Toshiyuki Hamano | Director | |
Executive Officer | ||
Kenji Fuchita | Director | |
Executive Officer | ||
Toshiya Kosugi | Outside Director | |
(2) Retirement as Audit & Supervisory Board member | ||
Name | Current Position Title | |
Masahiko Tsutsumi | Outside Audit & Supervisory Board Member |
4. Change of Executive Officers (Scheduled for April 1, 2022)
Name | New Position Title | Current Position Title |
Satoshi Arata | President | Senior Executive Officer |
Kazuhiro Suehisa | Managing Executive Officer | Senior Executive Officer |
Keiji Oshima | Executive Officer | Senior Executive Officer |
Junko Nishitani | Executive Officer | Same as on the left |
Toshiyuki Hamano | Executive Officer | Same as on the left |
Kenji Fuchita | Executive Officer | Same as on the left |
Katsuhiko Watabe | Executive Officer | Same as on the left |
Takehiko Umehara | Executive Officer | Same as on the left |
5. Other
Details of amendments to the Articles of Incorporation following the transition to a Company with Audit & Supervisory Committee will be announced as soon as they have been determined.
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Disclaimer
Espec Corporation published this content on 02 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 February 2022 06:08:10 UTC.