This integration is making excellent progress. Now, NSG Group’s Specialty Glass business, comprising the Information Technology and Glass Fiber businesses will also be integrated into the new global organization.
To advance the processes of integration and globalization, we have created the new management positions of Group Chief Executive Officer ( CEO ) and Group Chief Operating Officer ( COO ). In this way, we will ensure that we leverage all available expertise and experience in the management of a truly international company. These changes are intended to strengthen further the senior management structure of the NSG Group to enable us to achieve the objectives of the Group’s Vision and Medium-Term Plan.
Therefore, the Board of NSG Group announces the following senior management appointments, to take effect from 1st October 2007. Yozo Izuhara will continue in the role of Chairman of NSG Group, leading the Board of NSG Group. Katsuji Fujimoto, currently President and Representative Director, is appointed President and Group Chief Executive Officer ( CEO ), with responsibility for monitoring the profitable operation and development of the NSG Group. Stuart Chambers, currently Executive Vice President and Director, is appointed Executive Vice President and Group Chief Operating Officer ( COO ) and Representative Director, with responsibility for managing the operations of the NSG Group.