TOKYO—Bridgestone Corp. plans to simplify its executive operation structure, reducing it from five layers to three—senior officer, executive and management.
The planned changes will be effective Jan. 1. The Japanese group said the new structure aims to accelerate decision making and transform it into a "leader organization."
Bridgestone is eliminating the existing executive officer system and reclassifying the existing vice president and senior officer positions to a senior officer position. The senior officer will serve as the head of each business/function and have global management responsibilities.
The group also is reclassifying the existing corporate officer position to executive, a position that will be responsible for building division strategy and execution.
Bridgestone is reducing the number of officers vice president and senior officer of Bridgestone Corp. and chairman of Bridgestone Europe, Middle East, India and Africa under the new structure.
Asahiko Nishiyama, vice president and officer seconded to Bridgestone Americas and vice chair of Americas board, will retire on Jan. 1.