Mitsui & Co. sannounced that Kenichi Hori, currently senior executive managing director, will become company president on April 1, 2021, with incumbent President Tatsuo Yasunaga set to step aside to the post of chairman. The company's current chairman, Masami Iijima will become a corporate adviser following a general shareholders' meeting in June next year. Hori joined the company in 1984 and developed his career mainly in the field of chemicals, spending a long period in the United States. He assumed his current post in April 2019.