AUTOBACS SEVEN : announces Change of Representative Director and Chief Executive Officer
June 23, 2022 at 03:55 am EDT
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NEWS RELEASE
June 23, 2022
AUTOBACS SEVEN announces Change of Representative Director
and Chief Executive Officer
June 23, 2022 (Tokyo, Japan) - AUTOBACS SEVEN Co., Ltd. (Representative Director and Chief Executive Officer: Yugo Horii) announces that its Board of Directors resolved at the meeting held today to change in its representative director and chief executive officer as follows.
1. Change in representative director and chief executive officer
(Changes are underlined)
Name
New Title
Previous Title
RepresentativeDirector
Kiomi Kobayashi
Director and Chairman
and Chief Executive Officer,
Chief AUTOBACS Chain Officer
Representative Director
Representative Director and Senior Managing
Yugo Horii
and ChiefExecutive Officer
Executive Officer, CEO Office / Business
Chief AUTOBACS Chain Officer
Planning
Effective date: June 23, 2022
Others
Mr. Kiomi Kobayashi has been appointed as Chairman of the Board at the Board of Directors meeting.
Disclaimer: Please note that this document is a summary translation of the Japanese press release and prepared for reference purposes only. We do not assure the correctness or completeness of this summary translation. Please note that this summary translation may be amended without notice, or be pulled from our website for such amendment purpose, etc., at our own discretion.
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Autobacs Seven Co. Ltd. published this content on 23 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 June 2022 07:54:02 UTC.
Autobacs Seven Co Ltd is a Japan-based company primarily engaged in the retail and wholesale of automobile products, the purchase and sale of vehicles, the provision of vehicle inspection and maintenance services, as well as the loan credit business. The Company operates in four segments. The Domestic Autobacs segment is engaged in the wholesale of car products and the leasing of store facilities. The Overseas segment is engaged in the sales of car accessories, the provision of installation service and the maintenance of cars to general consumers. The Car, Dealers and B-to-B segment is engaged in the sales of imported cars, the purchase of used cars and the sales of the cars to second hand car dealers and others. The Others segment is engaged in the leasing business to domestic franchise chain affiliates.