Showa Denko K.K., Chemicals

TOKYO, Oct 25, 2016 - (JCN Newswire) - Showa Denko ("SDK"; TSE:4004) announces that Hideo Ichikawa will resign as President and CEO to become Representative Director and Chairman of the Board, of the Company, and that, Kohei Morikawa, Director, Managing Corporate Officer, and Chief Technology Officer, will succeed Ichikawa, effective January 4, 2017.

25.10.2016 - 09:29:14

SDK Nominates K. Morikawa as New President and CEO

Morikawa is currently in charge of Electronic Chemicals and Functional Chemicals divisions, Business Development Center, Isesaki and Tatsuno plants, and Corporate R&D Department.

The change in the presidency has been decided at SDK's board of directors meeting today.

Through generational change in top management, SDK aims to vitalize the organization and pursue further growth opportunities from a new viewpoint.

Kyohei Takahashi will resign as Chairman of the Board on January 4, 2017. He will also resign as Director at the ordinary general meeting of shareholders in late March 2017, and assume the post of Advisor.

Biographical information on the new President and CEO is attached.

Biographical Information

Kohei MORIKAWA

Date of birth: June 6, 1957

Education: Graduated from the Department of Synthetic Chemistry, Faculty of Engineering, The University of Tokyo, in March 1982

Professional career:

- April 1982 Joined Showa Denko K.K.; Assigned to Technology Department, Oita Works

- June 2003 General Manager, Fine Chemicals Department, Specialty Chemicals Division, Chemicals Sector

- June 2005 General Manager, Specialty Chemicals Department, Chemicals Division, Chemicals Sector

- January 2010 General Manager, Chemicals Development Department, Chemicals Sector

- January 2012 General Manager, Electronic Chemicals Division, Chemicals Sector

- January 2015 Corporate Officer; General Manager, Electronic Chemicals Division; in charge of Functional Chemicals Division, Tokuyama, Isesaki and Tatsuno plants

- January 2016 Managing Corporate Officer; Chief Technology Officer; in charge of Electronic Chemicals and Functional Chemicals divisions, Business Development Center, Isesaki and Tatsuno plants, and Corporate R&D Department.

- March 2016 Director; Managing Corporate Officer; Chief Technology Officer; in charge of Electronic Chemicals and Functional Chemicals divisions, Business Development Center, Isesaki and Tatsuno plants, and Corporate R&D Department

Number of SDK shares held by Morikawa: 4,400 (as of October 25, 2016)

About Showa Denko K.K.

Showa Denko K.K. ("SDK"; TSE:4004, US:SHWDF) is a major manufacturer and marketer of chemical products serving a wide range of fields ranging from heavy industry to the electronic and computer industries. The Petrochemicals Sector provides cracker products such as ethylene and propylene, the Chemicals Sector provides industrial and high-performance gasses and chemicals and high-purity gases and chemicals for the semiconductor industry, and the Inorganics Sector provides ceramics products such as alumina, abrasive, refractory and graphite electrodes and fine carbon products. Today, the Aluminum Sector provides aluminum materials and high-value-added fabricated aluminum, the Electronics Sector provides HD media, compound semiconductors such as ultra high-bright LEDs and rare earth magnetic alloys, and the Advanced Battery Materials Department (ABM) provides lithium-ion battery components. For more information, please visit www.sdk.co.jp/english/.

Source: Showa Denko K.K.

Contact:
Public Relations Office
Phone: 81-3-5470-3235


Copyright 2016 JCN Newswire . All rights reserved.
@ japancorp.net