Gregorio Borgo has stepped down as chief executive officer (CEO) of Yokohama Europe GmbH. Effective 15 October 2023, Giovanni Angelo Ponzoni has been appointed as the new CEO. However, Borgo, who was both president and CEO of Yokohama Europe GmbH until the announcement, will “remain within the Yokohama family as consultant and acting president as of 1 January 2024”. Yokohama also announced the departure of Aleksandar Gramatikov, executive vice-president sales, marketing and supply chain of Yokohama Europe GmbH.