Sumitomo Corporation announced Personnel changes of the Chairman of the Board of Directors, President and Representative Director. Company appoints Kuniharu Nakamura Newly Director, Special Adviser, was Current Chairman of the Board of Directors. Masayuki Hyodo is Newly Chairman of the Board of Directors, Currently was Representative Director, President and Chief Executive Officer. Shingo Ueno is newly Representativ Director, President and Chief Executive Officer was curren tly Representative Director, Executive Vice President, (Metal Products Business Unit, Mineral Resources, Energy, Chemical & Electronics Business Unit and Energy Innovation Initiative). Date of change April 1, 2024. Mr. Shingo Ueno's Birth November 21, 1959. Education on March 1982, Graduated from Faculty of Business and Commerce, Keio University
Business Career: June 2023 Representative Director, Executive Vice President, (Metal Products Business Unit, Mineral Resources, Energy, Chemical & Electronics Business Unit and Energy Innovation Initiative). April 2023: Executive Vice President, (Metal Products Business Unit, Mineral Resources, Energy, Chemical & Electronics Business Unit and Energy Innovation Initiative). April 2022: Executive Vice President, (Metal Products Business Unit and Mineral Resources, Energy, Chemical & Electronics Business Unit) Head of Energy Innovation Initiative. April 2021: Executive Vice President, General Manager, Metal Products Business Unit,General Manager, Mineral Resources, Energy, Chemical & Electronics Business Unit,Head of Energy Innovation Initiative. April 2019: Senior Managing Executive Officer, General Manager, Mineral Resources, Energy, Chemical & Electronics Business Unit. April 2018: Senior Managing Executive Officer, General Manager for the Americas,President and CEO of Sumitomo Corporation of Americas Group, Director and President of Sumitomo Corporation of Americas. April 2017: Managing Executive Officer, General Manager for the Americas, President and CEO of Sumitomo Corporation of Americas Group, Director and President of Sumitomo Corporation of Americas. April 2016: Managing Executive Officer, Assistant General Manager, Mineral Resources, Energy, Chemical & Electronics Business Unit, General Manager, Planning & Coordination Dept., Mineral Resources, Energy, Chemical & Electronics Business Unit,General Manager, Energy Division. April 2013; Executive Officer, General Manager, Energy Division. April 2010 Corporate Officer,Assistant General Manager for the Americas, General Manager, Tubular Products Group in Sumitomo Corporation North America Group, Sumitomo Corporation of America, General Manager, Houston Office. November 2007 General Manager, OCTG Business Dept. June 2007: Assistant General Manager, Tubular Products Division. April 2004: General Manager, Tubular Products Unit in Sumitomo Corporation Europe Group Sumitomo Corporation Europe Limited. August 1999: Sumitomo Corporation Europe Limited. December 1992 Assistant to General Manager, Tubular Products Import and Export Dept. No. 1. November 1989 Sumitomo Corporation of Iran Ltd. April 1982 Joined Sumitomo Corporation, Tubular Products Import and Export Dept. No. 1.
Sumitomo Corporation is a diversified group organized around 7 areas of activity:
- retail distribution of consumer goods (24.4% of net sales): food products, apparel and accessories, pharmaceuticals, building materials, household and decorative items, etc. The group is also developing a real estate business;
- trading of hydrocarbon, mining, chemicals and electronics products (24%): oil, natural gas, copper, gold, silver, zinc, lead, nickel, coal, iron ore, resins, pesticides, petrochemical products, etc.;
- trading of steel products and non ferrous metals (20%): flat and long steel products, tubular products, aluminum products, titanium, etc.;
- distribution of transportation and construction systems and equipments (15.1%): spatial equipments, landing fields, forest machines, motorcycles, mining operating vehicles, etc.;
- telecommunications and multimedia products and services supplies (8.8%): TV wiring, data communication solutions, film distribution services, mobile telephony, Internet access and computing services;
- development and implementation of civil engineering infrastructures (7.6%): power plants, wastewater treatment units, industrial plants, telecommunications centers, etc. The group is also providing logistics services;
- other (0.1%).