Yokohama Announces Senior Management Changes

On February 13 Yokohama Rubber made public the management changes agreed upon by the company’s board of directors. These corporate officer and board member changes take effect as of April 1, 2008.

Tooru Kobayashi, currently director and corporate officer in charge of the Off-the-Road Tire & Aircraft Tire Division, Tire Logistics Division and general manager of Tire Planning Division, has been promoted to the position of director and managing corporate officer and president of the Multiple Business Group.

Current director and managing corporate officer, president of Multiple Business Group and R&D Center general manager Tesuya Mizoguchi will serve in the capacity of director and managing corporate officer and R&D Center general manager.

Norio Karashima, presently the managing corporate officer in charge of the company’s Tire North America Business Department, president and CEO of Yokohama Tire Corporation, president of Yokohama Corporation of America, will from April 1 hold the position of managing corporate officer in charge of the Off-the-Road Tire & Aircraft Tire Division, Tire Logistics Division, Tire North America Business Department, general manager of the Tire Planning Division and president of Yokohama Corporation of America.

The incumbent executive vice president of Yokohama Tire Corporation, Takao Oishi, will become president and CEO of Yokohama Tire Corporation.