Shigemitsu Katsuaki steps down as Japan Foods Holding's director
He felt it is timely for him to retire.
Mr. Shigetmitsu Katsuaki, 48, decided to step down after the conclusion of the Company’s annual general meeting and did not seek re-election. He held the post since November 24, 2008.
The Board appoints him as adviser, a non-executive position, to leverage on his experience and contacts in the Japanese market and will be remunerated a nominal fee of $1, 500 per month.