The Board
of Directors has recognized that Matsuyama’s global vision for
expansion, his
international sales and marketing experience, and most
importantly, his demonstrated
strength of character and leadership
qualities will enable SATO to move forward and
expand its impact as well
as increase shareholder value.
The appointment is in keeping with the corporate restructure to a pure holding company effective October 3, 2011, enabling management to swiftly and decisively recognize changing market conditions while proactively pursuing profitable opportunities that result in significant growth.
“We welcome these important changes and fully support Mr. Matsuyama as our new President & CEO,” stated Mr. Koichi Nishida, who will step down from the current position of President & CEO and will assume the new role of Chairman. “In these complex times, Mr. Matsuyama’s dedication, vast international business experience, and vision for global expansion and corporate growth are essential qualities to reach our corporate goals.”
The appointment is in keeping with the corporate restructure to a pure holding company effective October 3, 2011, enabling management to swiftly and decisively recognize changing market conditions while proactively pursuing profitable opportunities that result in significant growth.
“We welcome these important changes and fully support Mr. Matsuyama as our new President & CEO,” stated Mr. Koichi Nishida, who will step down from the current position of President & CEO and will assume the new role of Chairman. “In these complex times, Mr. Matsuyama’s dedication, vast international business experience, and vision for global expansion and corporate growth are essential qualities to reach our corporate goals.”
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