Reuters logo
Shiseido: president not resigning for bad financial results
March 11, 2013 / 8:41 AM / 5 years ago

Shiseido: president not resigning for bad financial results

TOKYO, March 11 (Reuters) - Japanese cosmetics maker Shiseido Co Ltd said on Monday that its president was stepping down for health reasons and not to take responsibility for the company’s deteriorating financial results.

Current President Hisayuki Suekawa, who became president in 2011, will resign on March 31 and be succeeded by Chairman Shinzo Maeda, Shiseido said in a statement earlier on Monday.

Reporting by James Topham; Editing by Shinichi Saoshiro

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below