TOKYO (May 12, 2010)—Yokohama Rubber Co. Ltd.'s board of directors has adopted some senior management and organizational changes that it expects will be formally approved after a June 25 shareholders' general meeting.
Included in the organizational changes will be the establishment of a president of the company's Tire Group and the creation of a global procurement division, the firm said.
The senior management changes are:
* Norio Karashima, promoted to director and vice president, from director and senior managing corporate officer;
* Hikomitsu Noji, named director and managing corporate officer; formerly was director and corporate officer;
* Fumio Morita, named to director; was corporate officer;
* Koichi Tanaka, appointed senior managing corporate officer, from managing corporate officer;
Misao Hiza and Takao Oishi, promoted to managing corporate officers, from corporate officers.