news release

Corporate Information and Management
2021.10.28

Notice of Changes in Senior Executives, Other Personnel and the Organization

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October 28, 2021
Name of company: Nippon Paint Holdings Co., Ltd. Representative: Yuichiro Wakatsuki
Representative Executive Officer & Co-President
Wee Siew Kim
Representative Executive Officer & Co-President
Contact: Yukiko Yamamoto
General Manager of Public Relations
Email: nphd-kouho@nipponpaint.jp


Notice of Changes in Senior Executives, Other Personnel and the Organization

 

Nippon Paint Holdings Co., Ltd. (Head Office: Chuo-ku, Tokyo; “NPHD”) announces the following changes in senior executives, other personnel, and the organization effective January 1, 2022.

1.Executive Officers (as of January 1, 2022)

Name

New

Current

Yuichiro Wakatsuki

Representative Executive Officer & Co-President
President, Representative Director of the Board of Nippon Paint Corporate Solutions Co., Ltd.
Representative Executive Officer & Co-President

Wee Siew Kim

Representative Executive Officer & Co-President
Representative Executive Officer & Co-President

Yuri Inoue

Managing Executive Officer, GC* 1
Managing Corporate Officer of Nippon Paint Corporate Solutions Co., Ltd., Japan Group GC
Executive Officer, General Counsel

*1:General Counsel

2.Corporate Officers and Executive (as of January 1, 2022)

Name

New

Current

Yuko Demoto

Corporate Officer
General Manager, Finance & Accounting
Corporate Officer
General Manager, Finance & Accounting

Nobuhiko Hanada

Corporate Officer
General Manager, Audit
Corporate Officer
General Manager, Audit

Yoshio Kojima

Executive
Sustainability
Executive, General Manager, Safety Environment & Quality Assurance



3.Organizational Changes (as of January 1, 2022)
With the goal of maintaining the sustainable medium- to long-term growth of the Nippon Paint Group, NPHD will implement organizational changes in order to focus solely on functions as a listed company and as a pure holding company, including M&A and fund procurement activities. Other functions involving the operations of partner companies* 2 in Japan will be transferred to newly established Nippon Paint Corporate Solutions Co., Ltd. (NPCS), a wholly-owned subsidiary of NPHD. The objectives of this change are to create diverse synergies within the Nippon Paint Group and boost the profitability of partner companies in Japan by giving greater autonomy to partner companies both in Japan and other countries for their operations. NPHD will implement the following organizational changes.
 *2:Name of consolidated subsidiary companies of Nippon Paint Holdings


(1)Abolish the Corporate Planning Department and reorganize its functions into the newly established Corporate Governance Department with some functions of the General Affairs Department.
(2)Abolish the Human Resources Department, Information System Department, ICT Strategy Department, Supply Chain Planning Department, Asia Business Department, Safety Environment & Quality Assurance Department and R&D Division and transfer all functions of these Departments to NPCS.
(3)Transfer some functions of the Finance & Accounting Department, Legal Department, Public Relations Department, Audit Department and General Affairs Department to NPCS.
(4)Abolish the ESG promotion Department and transfer some functions dealing with external relations to the newly established Sustainability Department and transfer remaining functions to NPCS.


4.Changes of General Managers (as of January 1, 2022)

Name

New

Current

Ryosuke Tanaka

General Manager, Investor Relations and Sustainability
General Manager, Investor Relations

Yutaka Kagami

General Manager, Corporate Development
Manager, Corporate Development

Hiroshi Kanamori

General Manager, Corporate Governance
General Manager, Board of Directors Office


5.Retirement of Officers (as of December 31, 2021)

Name

New* 3

Current

Yoshiaki Kuroda

Executive Vice President, Representative Director of the Board of NPCS
Managing Executive Officer, CAO* 4

Masuo Kida

President of Nippon Paint
Managing Executive Officer
President of Nippon Paint

Takeshi Shiotani

President of Nippon Paint Industrial
Coatings
President of Nippon Paint Marine Coatings
Managing Executive Officer
President of Nippon Paint Industrial
Coatings

Seiichiro Shirahata

Advisor
Managing Executive Officer
President of Nippon Paint Marine Coatings

Kohei Tsushima

Retired
Managing Executive Officer
Overseas Business (Excluding Asia)

Satoshi Nishimura

President of Nippon Paint Surf Chemicals
Executive Officer
President of Nippon Paint Surf Chemicals

Jiang Hong

Managing Corporate Officer of NPCS,     Japan Group CTO* 5
NIPSEA Group CTO
Managing Corporate Officer
Nippon Paint Japan Group CTO
NIPSEA Group CTO

Hiroyuki Ishino

Managing Corporate Officer of NPCS,        Japan Group CIO* 6
Managing Corporate Officer CIO

Takeshi Ohnishi

Retired
Corporate Officer
General Manager, Corporate Planning

Yukiko Endo

Retired
Corporate Officer
General Manager, Human Resources

Hidetsumu Okada

Corporate Officer of NPCS
Corporate Officer
General Manager, Supply Chain Planning

Kazuya Fujiwara

Corporate Officer of NPCS
Corporate Officer
General Manager, ESG Promotion



*3:New positions will be appointed on January 1, 2022.
*4:Chief Administrative Officer
*5:Chief Technology Officer
*6:Chief Information Officer

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