Marubeni Corp., Tokyo, reported on Jan. 15 that it has appointed its current president and CEO, Fumiya Kokubu, as its new chairman, effective April 1, 2019. Kokubu will take over the position from Teruo Asada, and will resign as president and CEO on that date. Kokubu has been with the company since April 1975.
As of April 1, Asada will work as a senior corporate advisor with the company, and will remain as a board member until June 2019. Masumi Kakinoki has been appointed Marubeni’s new president and CEO, effective April 1. Kakinoki currently serves as senior executive vice president and board member.
Marubeni’s U.S. assets include Gavilon and Helena Chemicals Co.