Tokyo Electron Limited resolved the change of Representative Director at the Board of Directors' meeting held on March 20, 2018. The company appointed Tetsuro Hori as Corporate Director, Executive Vice President and General Manager, Special Mission. He is currently Representative Director, CFO, Internal Control Executive Vice President and General Manager, Finance, Legal & IT Division. After this resignation, TEL will be led by two Representative Directors, Tetsuo Tsuneishi (Chairman) and Toshiki Kawai (President and CEO). Date of resignation is on March 31, 2018.