TOKYO (June 28, 2004) — Yokohama Rubber Co. Ltd. plans to implement a new management structure headed by Chairman and Representative Director Yasuo Tominaga, now president and representative director.
Yokohama said Tadanobu Nagumo will fill Mr. Tominaga's former titles. He previously was executive director and president of the tire group.
The tire maker also said it is instituting organizational and personnel changes, effective June 29, that are aimed at promoting growth, globalization and production innovations for the company. As part of this, Yokohama will divide the functions of the current Tire Overseas Business Division into the Tire Overseas Sales Division and Tire Planning Division. Also, Yokohama created an Overseas Original Equipment Tire Sales Department under the Original Equipment Tire Sales Division. An Overseas Original Equipment Tire Engineering Department also will be created under the Tire Technical Division.