Sector News

Mitsubishi Chemical Holdings names next CEO

December 29, 2014
Chemical Value Chain
Mitsubishi Chemical Holdings has named Hitoshi Ochi as president and CEO, effective 1 April 2015. Mitsubishi Chemical Holdings is the parent of Mitsubishi Chemical. Ochi is currently a member of the Mitsubishi Chemical Holdings board and president and CEO of the subsidiary Mitsubishi Rayon. Ochi will succeed Yoshimitsu Kobayashi who will become chairman of Mitsubishi Chemical Holdings. 
 
Ochi, following a Masters degree in chemical engineering from Kyoto University, joined Mitsubishi Chemical in 1977 and has held various senior leadership positions in the group. Ochi was appointed president and CEO of Mitsubishi Rayon in April 2012, and prior to that, he was chief operating officer of the performance products division and the carbon division at Mitsubishi Chemical.
 
The company also announced that Hiroaki Ishizuka, president and CEO of Mitsubishi Chemical, and Takumi Ubagai, president and CEO of Mitsubishi Plastics, will continue in those roles and they will also serve as vice chairman of Mitsubishi Chemical Holdings, starting June 2015.
 
By Deepti Ramesh
 

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