Kansai Electric Power Co., Inc. announced that President Takashi Morimoto will retire and Vice President Nozomi Mori will be promoted to his successor.
It is the first time in two years that the president of Kansai Electric Power Co., Inc. has changed, and it is explained that the reform of corporate governance due to the problem of receiving money has reached a certain level.
President Morimoto took office in March as a successor to Mr. Shigeki Iwane, who resigned due to the problem of receiving money. And so on.
Regarding the reason for the change, President Morimoto said at a press conference held in Osaka City, "We have a certain prospect of restoring the trust of the company, paving the way for new growth, and aiming to rejuvenate the management team. I thought it was important. "
Mr. Morimoto will retire as a special adviser.
Mr. Mori, who will be appointed as the new president, is 59 years old, born in 1958.
He has served as the director of the regional energy department of the company and the director of the electricity supply and demand / transaction promotion office, and has been the vice president since June last year.
Mr. Mori said, "I feel tight. I want to make use of his experience and knowledge to work toward the growth of the company."
This appointment will be formally decided by the Board of Directors after the shareholders' meeting scheduled for June.