Rakuten, Inc. (hereinafter “the Company”) announces the following changes of Representative Directors, which were approved at a Board of Directors meeting held today.
1. Names and titles of current/new Representative Directors (effective January 1, 2014)
|
Name |
New Title |
Current Title |
Date of assumption of office/retirement |
|
Yoshihisa Yamada |
Representative Director, |
Director, |
January 1, 2014 |
|
Masayuki Hosaka |
Representative Director-nominated (note 2) |
Senior Executive Officer, |
Representative Director-nominated (note 2): March 2014. |
|
Atsushi Kunishige |
Director, Vice Chairman |
Executive Vice President and Representative Director |
January 1, 2014 |
Notes:
1. Only major titles related to Rakuten, Inc. are shown
2. Expected to assume the position of Director upon approval at the 17th Annual General Shareholders Meeting
which is planned to be held in March 2014.
3. Finance Business of the Company includes Rakuten Card Business, Bank Business, Securities Business,
Life Insurance Business and other businesses.
2. Reasons for Personnel Changes
Along with business expansion, the Company aims to strengthen its corporate governance.
In addition, there are no changes related to Hiroshi Mikitani, Chairman and CEO.
3. Career Histories of New Representative Directors
■Name Yoshihisa Yamada
■Date of Birth April 17, 1964
■Career History
April 1987 Joined the Industrial Bank of Japan, Limited (currently Mizuho Bank, Ltd.)
September 1999 Joined Goldman Sachs Japan Co., Ltd
February 2000 Director of the Company
Senior Director of the Company
March 2004 President and Representative Director of MyTrip.net Inc. (currently Rakuten Travel, Inc.)
March 2007 Resigned as Director of the Company
Retired as President and Representative Director of Rakuten Travel, Inc.
August 2010 Senior Executive Officer of the Company (current position)
January 2011 President and Representative Director of bitWallet, Inc. (currently Rakuten Edy, Inc.)
Vice Chairman and Representative Director of Rakuten Travel, Inc.
January 2012 Director of Kobo Inc. (current position)
March 2012 Director of the Company (current position)
April 2012 Head of Travel Business of the Company (current position)
March 2013 CFO of the Company (current position)
Head of Finance Department of the Company (current position)
■Number of shares of the company held 20,000 shares
■Name Masayuki Hosaka
■Date of Birth July 31, 1954
■Career History
April 1980 Joined ORIX Credit Corporation
May 2005 Executive Officer of the Company
May 2005 Executive Vice President of Rakuten Credit, Inc. (currently Rakuten Card Co., Ltd)
February 2006 President and Representative Director of Rakuten Credit, Inc. (currently Rakuten Card Co., Ltd)
November 2007 Head of Personal Finance Business of the Company
August 2011 Chief of Rakuten Card Business of the Company (current position)
April 2012 Head of Rakuten Card Business of the Company (current position)
Head of Insurance Agency Business of the Company (current position)
Head of Bank Business of the Company (current position)
Head of Securities Business of the Company (current position)
November 2012 Head of Life Insurance Business of the Company (current position)
January 2013 Head of Financial Business Office of the Company (current position)
February 2013 Senior Executive Officer of the Company (current position)
March 2013 Head of Edy Business of the Company (current position)
March 2013 Head of Smart Pay Business of the Company (current position)
May 2013 President and Representative Director of Rakuten Edy, Inc. (current position)
■Number of shares of the company held 1,100 shares