March 3, 2016
Kobe Steel, Ltd. announces that at its Board of Directors meeting held today, it selected candidates for the position of representative director. The candidates will be formally appointed after resolution at the 163rd Ordinary Meeting of Shareholders and the Board of Directors meeting to be held afterward in late June.
Effective April 1, 2016, Kobe Steel will change the titles of some executive positions in order to clarify the executive functions of the directors. Kobe Steel has passed a resolution to adopt a policy to transition to a company with an Audit & Supervisory Committee and plans to submit the resolution at the 163rd Ordinary Meeting of Shareholders to be held in late June.
Link to list of nominated executives
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