Osaka, Japan – March 23, 2020 – Sawai Pharmaceutical Co., Ltd. (Sawai, Head office: Osaka, Japan, President: Mitsuo Sawai) decided, at the Board of Directors’ meeting held today, to implement changes in Representative Director. The changes will be officially decided at the Company’s Annual General Meeting of Shareholders and the Board of Directors’ meeting scheduled for late June, 2020.
1. Reasons for Changes in Representative Director
As we enter Sawai’s 91st year, we are structuring the Company to achieve enhanced corporate value, sustainable earnings growth and faster decision making.
2. Changes in Representative Director
|Name||New Title||Current Title|
|Mitsuo Sawai||Chairman, Representative Director||President, Representative Director|
|Kenzo Sawai||President, Representative Director||Director, Senior Managing Executive Officer|
|Hiroyuki Sawai||Supreme Adviser||Chairman, Representative Director|
3. Career summary of the newly appointed representative directors
|Apr 1982||Joined Kyowa Hakko Kogyo Co., Ltd. (currently Kyowa Kirin Co., Ltd.)|
|Jan 1989||Joined Sawai|
|Jun 2000||Director, Deputy Vice President of Sales Division, and General Manager of Sales Planning Department|
|Jun 2002||Managing Director, Deputy Vice President of Sales Division, and General Manager of Sales Planning Department|
|Jun 2005||Senior Managing Director, Vice President of Sales Division|
|Jun 2008||President, Representative Director|
|Apr 1995||Joined Sumitomo Pharmaceuticals Co., Ltd. (currently Sumitomo Dainippon Pharma Co., Ltd.)|
|Apr 2001||Joined Sawai|
|Jun 2010||Director, Vice President of Corporate Strategy Department|
|Jun 2013||Director, Senior Executive Officer, Vice President of Corporate Strategy Department, and Deputy Vice President of Sales Division|
|Jun 2017||Director, Senior Managing Executive Officer, Vice President of Corporate Strategy Department and Supervisor of Sales Division, President and Member of the Board of Sawai America LLC (incumbent), Chairman of the Board of Upsher-Smith Laboratories, LLC (incumbent)|
|Jun 2018||Director, Senior Managing Executive Officer, Vice President of Corporate Strategy Department and Supervisor of Research & Development Division|
PR / IR Group, Corporate Strategy Department, Sawai Pharmaceutical Co., Ltd.