(Update) Sumitomo Chemical to Promote Exec. Mito to Pres.
Tokyo, Feb. 3 (Jiji Press)--Sumitomo Chemical Co. said Monday that Nobuaki Mito, the chemical firm's senior managing executive officer, will be its new president.
Incumbent President Keiichi Iwata will become chairman with the right to represent the company while current Chairman Masakazu Tokura, who is set to retire as chairman of the Japan Business Federation, or Keidanren, on May 29, will step aside as adviser, the company also said.
(2025/02/03-14:53)
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