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Suekawa cites health reasons; Maeda to resume post on April 1.
March 11, 2013
By: TOM BRANNA
Editor
Shiseido Co. Ltd. said Monday that president and chief executive Hisayuki Suekawa is stepping down as of at the end of the month for health reasons. Shiseido said that chairman Shinzo Maeda will resume his role as president of the company as of April 1. Maeda, 66, was president and chief executive prior to Suekawa’s appointment in January 2011 as the company put into action its succession plan. This management shakeup marks the end of Suekawa’s two-year tenure at a difficul...
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