News Release



Announcement for the New Company President


A resolution voting for a change in personnel as below has been taken in the board of directors’ meeting of Fuji Oil Co., Ltd. convened on February 22, 2013.

1. Effective date: April 1, 2013

2. New titles and personnel:

Chairman - Yoshitaka Ebihara (currently President & CEO)
President and CEO - Hiroshi Shimizu (currently Senior Managing Director)

3. Description of change:

Our Group is engaged in a middle-term management plan which ends in financial year 2013, promoting “change in revenue structure” and “growth strategy in Asia”.
We have implemented a change in our personnel of directors (increasing the number of representative directors and changing the personnel) for expanding the business fields and accelerating the management speed.
We tackle the last year of our middle-term business plan with a refreshed management team that will lay out the next middle-term management plan with novel ideas and strategic mindset and lead our way toward further development.

4. Biography of the New President

Name:Hiroshi Shimizu
Professional career:
April 2012 Senior Managing Director (current)
April 2010 Managing Director, Soy Protein, Processed Foods Company (current)
April 2009 Managing Director
April 2008 General Manager, Corporate Planning Division
April 2006 President, Fuji Oil (Zhang Jia Gang) Co.,Ltd.
June 2004 Director
July 2001 General Manager, Specialty & Functional Food Ingredients Business
October, 1999 General Manager, New Ingredients Business /New Ingredients Sales
April, 1977 Joined Fuji Oil Co., Ltd.

March 1977 Bachelors, Faculty of Law, Doshisha University
Date of Birth: July 1, 1953
Place of birth: Nagano prefecture, Japan

End of report

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