SUZUKI TO BECOME CEO OF “K” LINE AMERICA

SUZUKI TO BECOME CEO OF “K” LINE AMERICA

SUZUKI TO BECOME CEO OF “K” LINE AMERICA

   Kawasaki Kisen Kaisha, Ltd. will appoint Toshio Suzuki to the positions of chief executive officer and president of its subsidiary “K” Line America, Inc. and director of the Tokyo-based parent company, effective June 27.
   Suzuki is currently vice president of “K” Line America.
   He will replace Yoshio Iinuma, who has been promoted senior managing director of the “K” Line group.
   “K” Line has also announced several changes to its board of directors and to the areas of responsibility of its senior executives.
   Fumito Kawamata, chief executive officer of “K” Line (Europe), will be promoted managing director of the group.
   Takefumi Araki, currently senior managing director in charge of bulk shipping and energy transport, and Keisuke Nagato, managing director in charge of the marine sector, will retire from “K” Line in June. However, as is traditional with Japanese shipping groups, they have been given senior positions with sister companies. Araki will be president of Kawasaki Kinkai Kisen Kaisha, Ltd., a Japanese shipping subsidiary, and Nagato will be senior managing director of Daito Corp., a port and logistics affiliate.