LY Corporation
Notice Regarding Change of Representative Director (Retirement Due to Term Expiration)
Kentaro Kawabe, Chairman and Representative Director, is scheduled to retire due to term expiration upon the conclusion of the 31st Annual General Meeting of Shareholders scheduled for June 2026.
Key Figures
- Number of persons changing: 1 (Name: Kentaro Kawabe)
- New position: Retirement (Former position: Chairman and Representative Director)
- Effective date: June 2026
- Reason for change: Retirement due to term expiration
AI要約
Summary of Personnel Change
Kentaro Kawabe, Chairman and Representative Director of the Company, will retire due to the expiration of his term upon the conclusion of the 31st Annual General Meeting of Shareholders scheduled for June 2026. The reason for retirement is a request submitted by Mr. Kawabe himself, which the Company has accepted. The effective date is upon the conclusion of the 31st Annual General Meeting of Shareholders in June 2026.
Impact on Management Structure
Regarding the future Board of Directors' structure, discussions and examinations will be conducted by the Nomination and Remuneration Committee and the Board of Directors, with announcements to follow. While no specific changes to management policies or business strategies have been disclosed at this time, it is implied that a review of the management structure will take place due to the retirement of the Chairman and Representative Director.
