NTN Notice of Removal of Managing Executive Officers Accompanied with Flattening Executive Officer System
NTN Corporation hereby announces that the Company decided to remove the Managing Executive Officers at the Board of Directors held on June 25.
1. Reason
Removing the Managing Executive Officers eliminates hierarchical relationship among Executive Officers and makes them into one team. It enables all Executive Officers to activate discussions and respond to various issues quickly toward further enhancement of its corporate value.
2. Details of Removal of Managing Executive Officers (as of June 25, 2021)
| Name | New Position | Former Position |
|---|---|---|
| Hideaki Miyazawa | Representative Executive Officer, Executive Officer | Representative Executive Officer, Senior Managing Executive Officer |
| Yoshinori Terasaka | Executive Officer | Senior Managing Executive Officer |
| Isao Ozako | Executive Officer | Managing Executive Officer |
| Toshinori Shiratori | Executive Officer | Managing Executive Officer |
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