May 8, 2007
ITX Corporation.
ITX Announces New Senior Management Team and Organizational Changes
ITX Corporation has announced the informal appointment of new directors, executive directors and corporate auditors, as well as other personnel appointments and organizational changes in accordance with resolutions passed by the Board of Directors today. Details are as follows.
[1] Personnel Changes
(1) Directors, Executive Directors and Corporate Auditors
The Board of Directors today informally appointed the following individuals as directors, executive directors or auditors.
Appointments of Directors, Executive Directors and Auditors
(Effective June 22, 2007)
| Name |
New Position |
Current Position |
| Tsuyoshi Kikukawa |
Chairman |
Chairman |
| Tetsuhiko Takei |
President
|
President |
| Seiji Shioya |
Managing Director,
Investment Division |
Managing Director, Investment Division |
| Makoto Nakatsuka |
Managing Director,
Planning Division |
Managing Director,
Planning Division |
| Shoichi Hanzawa |
Managing Director,
Administration Division |
Managing Director,
Administration Division |
| Hiroshi Tomomori |
Director (Part-time) |
Director (Part-time) |
| Hisashi Mori |
Director (Part-time) |
Director,
Managing Officer,
Olympus Corporation |
| Ryuichi Kumagai |
Executive Director & Leader, Business Acceleration Group 3, Business Acceleration Division
|
Executive Director & Leader, Business Acceleration Group 3, Business Acceleration Division |
| Akira Hagiwara |
Executive Director & Leader, Business Investment Group, Investment Division
|
Executive Director & Leader, Business Investment Group, Investment Division |
| Shinichi Hayashi |
Auditor |
Auditor |
| Junichi Hayashi |
Auditor (Part-time) |
Auditor (Part-time) |
| Shigemi Sugimoto |
Auditor (Part-time) |
Auditor (Part-time) |
| Yoshinori Nakanishi |
Auditor (Part-time)
|
Deputy General Manager,
New Business Promotion Dept., Funai Electric Co., Ltd |
Notes:
- The new position and division titles are temprorary.
- Appointments of directors are subject to approval at the 8th Ordinary Annual General Meeting of Shareholders scheduled for June 22, 2007, and at the subsequent Board of Directors meeting.
- Following their approval at the 8th Ordinary Annual General Meeting of Shareholders on June 22, 2007, Shinichi Hayashi and Yoshinori Nakanishi will be appointed as auditors.
- Junichi Hayashi and Shigemi Sugimoto retain their positions as auditors as their terms of office remain valid.
Scheduled Retirements of Director, Auditor
(Effective June 22, 2007)
| Name |
Retirement |
Position |
Tatsuo Nagasaki |
Retiring |
Managing Director, Business Acceleration Division |
Akitaka Inoue |
Retiring |
Auditor (part-time) |
Note:
The retirement of director Tatsuo Nagasaki takes effect at the close of the 8th Ordinary Annual General Meeting of Shareholders scheduled for June 22, 2007. The retirement of auditor Akitaka Inoue follows the completion of his term of office.
(2) Personnel Changes (Effective July 1, 2007)
| Name |
New Position |
Current Position |
| Seiji Shioya |
Managing Director,
General Manager, Investment & Business Acceleration Division |
Managing Director, Investment Division |
Shoichi Hanzawa |
Managing Director, Administration Division,
General Manager,
Legal & Administration Dept. |
Managing Director, Administration Division |
| Ryuichi Kumagai |
Executive Director,
Head, Alliance & Business Promotion Office,
Leader, Life Science Group |
Executive Director & Leader, Business Acceleration Group 3, Business Acceleration Division |
| Akira Hagiwara |
Executive Director & Senior General Manager, Investment & Business Acceleration Division |
Executive Director & Leader, Business Investment Group, Investment Division |
| Osamu Matsuoka |
Group Leader, Business Acceleration Group, Investment & Business Acceleration Division |
Group Leader, Business Acceleration Group 1, Business Acceleration Division |
| Toyofumi Someya |
Group Leader, Business Investment Group, Investment & Business Acceleration Division |
Business Investment Group, Investment Division |
Kimio Mikazuki |
General Manager, Investment & Business Acceleration Division,
Executive Vice President, Broadleaf Co., Ltd. |
General Manager, New Business Development Dept., Investment Divison
Executive Vice President, Broadleaf Co., Ltd. |
Toshiaki Takamatsu |
General Manager, Investment & Business Acceleration Division |
Business Acceleration Group 2, Business Acceleration Division |
| Hidetaka Takagi |
Group Leader, New Business Strategy Group,
Allliance & Business Promotion Office |
Business Acceleration Group 2, Business Acceleration Division |
| Kanichiro Nakano |
General Manager, Management Dept., Planning Division |
Group Leader, Business Acceleration Group 2, Business Acceleration Division |
| Tsutomu Suehara |
General Manager,
Planning Dept.
Planning Division |
General Manager, Planning Dept.,
Planning Division
Head, Listing Preparation Office |
| Kimihide Kita |
Senior General Manager,
Administrative Division,
General Manager,
Information System Division |
General Manager, Accounting Dept., Administration Division |
| Masato Aomoto |
General Manager, Accounting Dept., Administration Division |
Manager, Accounting Sect., Accounting Dept. |
[2] Organizational Changes
ITX will implement the following organizational reforms in accordance with the new strategy in its revised 2006 Corporate Strategic Plan.
- Promote greater cooperation with Olympus Corporation.
- Establish new specialized divisions (Alliance & Business Promotion Office, New Business Strategy Group).
- Enhance efficiency of business acceleration functions.
- The Business Acceleration Division and Investment Division will be combined to create the Investment & Business Acceleration Division
- Business Acceleration Groups 1 & 2 will be reorganized as the Business Acceleration Group.
- Business Acceleration Group 3 will be reorganized as the Life Science Group within the Alliance & Business Promotion Office.
- The New Business Development Dept. will be abolished.
- Thorough management of Group businesses
- Establish Management Department within the Planning Division
- Other Changes
- The Listing Preparation Office and Planning Dept. will be combined.
- The IT Strategy Team (currently within Planning Dept.) will be abolished and the Information System Dept. will be established in the Administration Division.
- The Corporate Administration Dept. will be reorganized into the Legal & Administration Dept.
- The Business Portfolio Committee will be renamed the Management Committee
- The functions of the Investment Performance Evaluation Committee and Business Acceleration Management Committee will be combined into the Investment & Business Acceleration Committee.
To view a schematic of ITX's new organization as of July 1, 2007, please click here.  (18kb) 
|
