Fujifilm CEO Komori, who oversaw push into healthcare, to step down in June

Fujifilm Holdings Corp said on Wednesday that Shigetaka Komori, who oversaw the company's transition from film business to healthcare, would step down as chairman and chief executive in June.

FILE PHOTO: Fujifilm Holdings' Chief Executive Officer Shigetaka Komori speaks at a news conference in Tokyo, Japan January 31, 2018. REUTERS/Kim Kyung-HoonTOKYO: Fujifilm Holdings Corp said on Wednesday that Shigetaka Komori, who oversaw the company's transition from film business to healthcare, would step down as chairman and chief executive in June.

Komori, 81, will take a new role as chief adviser while Teiichi Goto becomes CEO and Kenji Sukeno the chairman. The transitions are subject to approval by shareholders, Fujifilm said in a release.Komori is credited with helping Fujifilm transform its business and survive the collapse of the film industry that drove its main rival Eastman Kodak Co into bankruptcy.

Fujifilm's push into healthcare has become all the more apparent amid the pandemic, as its antiviral drug Avigan is being studied as a COVID-19 treatment. The company has invested heavily in Europe and the United States to expand factories involved in making ingredients for vaccines and drugs.Advertisement

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Boeing extends potential term for CEO before annual meetingBoeing's board of directors has raised the mandatory retirement age for CEO David Calhoun from 65 to 70, just days after he turned 64.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Tesla CEO Musk puts US$100 million jolt into quest for carbon removalBillionaire entrepreneur Elon Musk on Thursday (Apr 22) offered inventors US$100 million in prize money to develop ways to fight global warming by ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Tesla CEO Musk puts $100 million jolt into quest for carbon removal(Reuters) -Billionaire entrepreneur Elon Musk on Thursday offered inventors $100 million in prize money to develop ways to fight global warming by removing carbon dioxide from the atmosphere or ocean. In January, Musk announced his intention to offer $100 million in prizes and set out the contest rules on Thursday, Earth Day. What organizers called the 'largest incentive prize in history' will last for four years through Earth Day, 2025.
Source: YahooSG - 🏆 3. / 71 Read more »

Soccer-Arsenal owner, CEO apologised to team for Super League fiasco - ArtetaArsenal's owners and the club's chief executive have apologised to the players for any disruptions caused by the club's involvement in the botched ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

CEO of US$2 billion startup ousted for taking LSD at workThe fired CEO, Justin Zhu, said he was experimenting by taking a limited amount of the drug, or microdosing, in an effort to boost his focus. YahooFinance
Source: YahooSG - 🏆 3. / 71 Read more »