Showa Denko announced that Hideo Ichikawa will resign as Representative Director, and elected Chairman of the Board at a board meeting after the General Meeting of Shareholders in late March 2020. On the same occasion, Hidehito Takahashi (Director) and Motohiro Takeuchi (Director) will be appointed Representative Directors. Jun Tanaka and Keiichi Kamiguchi will resign as Directors, and Kozo Isshiki will resign as Outside Director, at the General Meeting of Shareholders. Tanaka will resign as Chief Technology Officer on January 5, and will be elected Member of Audit & Supervisory Board at the General Meeting of Shareholders. Kamiguchi will continue working as Corporate Officer; Chief Risk Management Officer; and officer in charge of Internal Audit, Legal, CSR & General Affairs, Human Resources, and Purchasing & SCM departments. Isshiki will be elected Outside Member of Audit & Supervisory Board. Meanwhile, Hiroshi Sakai (Councilor; General Manager of Technology Development Control Department, Device Solutions Division) will be elected Director at the General Meeting of Shareholders. Kiyomi Saito (Outside Member of Audit & Supervisory Board) and Noriko Morikawa (Advisor, Bosch; and Outside Director, Chori Co. Ltd.) will be elected Outside Directors. Tetsu Moriki will resign as Member, and Hiroyuki Tezuka as Outside Member, of Audit & Supervisory Board. Meanwhile, Masako Yajima (Partner, Nishimura & Asahi; Professor, Graduate School of Law, Keio University) will be elected Outside Member of Audit & Supervisory Board. Masamichi Yagishita (General Manager, Electronic Chemicals Division; officer in charge of Functional Chemicals Division, Higashinagahara, Tokuyama, Isesaki and Tatsuno plants) will resign as Managing Corporate Officer on January 5, 2020. Kanji Takasaki (officer in charge of Aluminum Rolled Products, Aluminum Specialty Components, and Aluminum Can divisions as well as Oyama and Kitakata plants), Takayuki Sato (General Manager of Electronics Materials Division and its Marketing Department; Deputy General Manager of Device Solutions Division; officer in charge of Chichibu Plant) and Masao Shibuya (General Representative in China; General Manager, China Office, Corporate Strategy Department; CEO, Showa Denko (Shanghai) Co. Ltd.) will resign as Corporate Officers on January 5. Yagishita will be appointed Councilor on January 6, and become Assistant to President. Takasaki will work as non-regular staff at Aluminum Can Division, Sato at Device Solutions Division, and Shibuya at Corporate Strategy Department, in the same manner. Kenjiro Yamamasu (Councilor; General Manager, Aluminum Specialty Components Division), Hiroshi Sakai, Kazuo Hirakura (Councilor; Deputy General Manager, Industrial Gases Division), Hiroyuki Eda (Councilor; General Manager, Aluminum Rolled Products Division), and Makoto Takeda (Councilor; Deputy General Manager, Carbon Division; General Manager, Global Control Department, Carbon Division). As new corporate officer, Yamamasu will become General Manager, Electronic Chemicals Division, and officer in charge of Tokuyama Plant. Sakai will assume the position of Chief Technology Officer, and officer in charge of Advanced Battery Materials Division, Institute for Integrated Product Development, Advanced Technology Laboratory, as well as Corporate R&D and Intellectual Property departments. Hirakura will become General Manager of the Industrial Gases Division, and President of Showa Denko Gas Products Co. Ltd. Eda will become officer in charge of Aluminum Rolled Products, Aluminum Specialty Components, and Aluminum Can divisions as well as Oyama and Kitakata plants. Takeda will be appointed General Manager, Carbon Division. Masunori Kaiho will resign as General Manager of Production Technology Department. As Corporate Officer, he will oversee Production Technology Department and continue working as officer in charge of Energy & Electricity, SPS Innovation and Responsible Care departments; and Chairman, Safety Measures Committee. Effective January 6, Jun Ogawa (General Manager of SCM Center, Omachi Plant, Carbon Division) and Takuya Okubo (Associate Councilor; General Manager, Ceramics Division) will be promoted to Councilors. Ogawa will become General Representative in China; General Manager, China Office, Corporate Strategy Department; and CEO, Showa Denko (Shanghai) Co. Ltd. Okubo will additionally serve as President, Showa Denko Ceramics Co. Ltd. Takuji Yamamoto (Assistant to President, in charge of AI Strategy Planning) and Nobuhide Ueyama (General Manager, Process Solutions Center, Production Technology Department) will resign as Councilors on January 5. Ueyama will become Managing Director of Tsurusaki Sanso Center Co. Ltd. effective January 6. Hiroshi Daio (Councilor; President, Showa Denko Ceramics Co. Ltd.) will become General Manager, Process Solutions Center, Production Technology Department. Takayuki Tohaya (Councilor; General Manager, Energy & Electricity Department) will work at Corporate Strategy Department. As of late March next year, the Board of Directors will consist of Kohei Morikawa (Representative Director; President and CEO); Hidehito Takahashi (Representative Director; CSO), Motohiro Takeuchi (Representative Director, CFO), Hideo Ichikawa (Director; Chairman of the Board), and Hiroshi Sakai (Director); as well as Masaharu Oshima, Kiyoshi Nishioka, Kiyomi Saito, and Noriko Morikawa (Outside Directors). In addition, Toshiharu Kato and Jun Tanaka will serve as Audit & Supervisory Board Members, and Setsu Onishi, Kozo Isshiki, and Masako Yajima as Outside Members of the Audit & Supervisory Board.