Notice of change of President and COO
SG Holdings Co., Ltd. hereby announces that the Board of Directors resolved at a meeting held on March 1, 2019 to change the President and COO.
1.Change of President and COO
SG Holdings Co., Ltd.
|Hideo Araki||President and COO||Director in charge of Delivery and Logistics Business;
President of Sagawa Express Co., Ltd.; and
Director of Sagawa Humony Co. Ltd.
|Tadashi Machida||Director||President and COO; and
Director of SG Realty Co., Ltd.
※Hideo Araki will resign as the President of Sagawa Express Co., Ltd. and the Director of Sagawa Humony Co., Ltd. as of March 31, 2019.
※Tadashi Machida will resign as the Director of SG Realty Co., Ltd. as of March 31, 2019, and as Director of SG Holdings Co., Ltd. (the "Company") at the close of the Ordinary General Meeting of Shareholders of the Company scheduled to hold on June.
2.Reason for the change
For achieving a long-term management vision "Become Asia's Leading Comprehensive Logistics Group," promote a further enhancement of the Company's management structure.
3.The successor of the President of the subsidiary
Masahide Motomura, current Director of Sagawa Express Co., Ltd. will be the President of the same company as Hideo Araki's assumption of the President and COO of the Company.
Sagawa Express Co., Ltd.
|Masahide Motomura||President; and Executive Officer in charge of Delivery and Logistics Business of SG Holdings Co., Ltd.||Director in charge of Transportation Network and Quality Control and General Manager of Quality Assurance Department|