At a meeting of the Board of Directors of Rakuten, Inc. (the Company) today, the following transfers of Directors were approved.
1. New appointment of Director (Effective March 28, 2013) (Note: 1)
June 1990 Joined TOYOTA MOTOR CORPORATION
February 2007 Executive Officer of the Company
July 2009 Senior Executive Officer of the Company (current position)
September 2009 Executive Director of Global Business Department (current position)
October 2011 Director (CEO) of Play Holdings Limited (current position)
Note: 1 Appointment is planned on approval at the Annual General Shareholders Meeting scheduled for March 28, 2013
2. Retirement of Director (Effective March 28, 2013) (Note: 2)
Senior Executive Officer
Chief Financial Officer
Officer in charge of the Finance Department
Note: 2 Effective March 1, 2013, to retire as Senior Executive Officer, Chief Financial Officer, and Officer in charge of the Finance Department
In addition, after retiring as a Director, Ken Takayama is expected to be appointed as an Executive Advisor to the management of Rakuten, Inc.
3. New Appointment as Chief Financial Officer and Officer in charge of the Finance Department (effective March 1, 2013)
Director and Senior Executive Officer Yoshihisa Yamada