Japanese personal products company Kao Corp. has resolved to make changes to its board of directors and audit and supervisory board.
Osamu Shinobe, Ana Holdings Inc. vice chairman and director, was nominated as an outside director, replacing outgoing director Yukio Nagira, who is retiring from the company's board.
Furthermore, Nobuhiro Oka will be nominated to replace Yumiko Waseda, who is also retiring, as an outside member of the audit and supervisory board.
The company said the changes will be officially decided on its annual shareholders meeting March 23.
Sonosuke Kadonaga is expected to continue as chairman of the board.
