Notice of Changes in President and Representative Director and Other Officers
Last updated：May 11, 2007
NTT Urban Development Corporation (the "Corporation") hereby announces the following changes in officers, which were informally decided at a meeting of the Board of Directors held today.
These appointments are to be formally resolved at a meeting of the Board of Directors held after the 22nd Ordinary General Meeting of Shareholders, which is scheduled for June 21, 2007.
1. Change of the President and Representative Director
| (1) | New President and Chief Executive Officer candidate | ||
| President and Chief Executive Officer | Masaki Mitsumura | (Senior Executive Vice President of NTT Communications Corporation) | |
| (2) | Retiring President and Chief Executive Officer | ||
| Director and Advisor | Kiyoshi Mita | (President and Chief Executive Officer of the Corporation) | |
2. Changes of Other Officers
| (1) | New Director candidates | Hideo Osawa | (Senior Executive Manager, Housing Service Department of the Corporation) |
| Satoshi Shinoda | (Senior Manager, in Charge of Sales and Marketing Headquarters) | ||
| (2) | New Corporate Auditor Candidate | Norihisa Kakuchi | (Executive Director, Fund for Construction Industry Promotion) |
| Note:Norihisa Kakuchi is a candidate for the position of Outside Corporate Auditor. | |||
| (3) | Retiring Directors | ||
| Executive Director | Takeomi Yasuda | ||
| Executive Director | Tsuneo Kumei | ||
| (4) | Retiring Corporate Auditor | ||
| Corporate Auditor | Kenji Sato | ||
| (5) | Prospective Executive Directors | ||
| Executive Director | Kimito Muragishi | ||
| Executive Director | Michihiko Kaite | ||
3. Prospective Officers
| (New Title or Role) | (Name) | (Current Title or Role) |
|---|---|---|
| Senior Executive Director Senior Executive Manager, Building Service Headquarters Senior Executive Manager, Property Management Administration Department | Masayasu Tango | Senior Executive Director Senior Executive Manager, Building Service Headquarters |
| Executive Director CSR Director, in charge of Tokai Branch in charge of Kyushu Branch in charge of Hokkaido Branch | Seiya Wakaizumi | Executive Director CSR Director, in charge of Hokkaido Branch |
| Executive Director Senior Executive Manager, Development Promotion Department | Kimito Muragishi | Senior Director Senior Executive Manager, Development Promotion Department, in charge of Housing Service Department |
| Senior Director Executive Manager, Kansai Branch Office | Akitoshi Ito | Senior Director Deputy Senior Executive Manager, Sales and Marketing Headquarters Senior Executive Manager, Corporate Sales Department, Sales and Marketing Headquarters |
| Senior Director Deputy Senior Executive Manager, Sales and Marketing Headquarters Senior Executive Manager, Corporate Sales Department, Sales and Marketing Headquarters | Satoshi Shinoda | Senior Manager, in Charge of Sales and Marketing Headquarters |
Career Summary of New President and Chief Executive Officer Candidate
| Name | Masaki Mitsumura | |
|---|---|---|
| Career | August 2006 | Senior Executive Vice President, Net Business Division (Current post) |
| June 2005 | Senior Executive Vice President, NTT Communications Corporation | |
| June 2002 | Senior Vice President, Department 5, Nippon Telegraph and Telephone Corporation | |
| July 2001 | Senior General Manager, Human Resource Department | |
| July 1999 | General Manager, Human Resource Department, Nippon Telegraph and Telephone East Corporation | |
| June 1996 | General Manager, in charge of Secretarial Department | |
| June 1995 | General Manager, Publicity Department, Nippon Telegraph and Telephone Corporation | |
| April 1972 | Joined Nippon Telegraph and Telephone Public Corporation | |
| Date of Birth | November 4, 1949 (57) | |
| Birthplace | Mie Prefecture | |
| Schooling | March 1972 | Graduated from Faculty of Law, the University of Tokyo |