Sumitomo Rubber to Appoint Satoru Yamamoto as New President

Sumitomo Rubber Industries Ltd. (TYO:5110) plans to appoint Satoru Yamamoto, currently a director and senior executive officer at the company, to the role of President and CEO, effective March 26. Current CEO and president Ikuji Ikeda will then move into the role of chairman and representative director. Yamamoto has a long history of working with domestic tire replacements. Following this,…

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