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MarketScreener Homepage  >  Equities  >  Tokyo Stock Exchange  >  Bridgestone Corporation    5108   JP3830800003

BRIDGESTONE CORPORATION

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Bridgestone : Chris Karbowiak to Retire from Bridgestone Americas After Almost Three Decades of Service

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10/01/2020 | 11:56am EDT

Bridgestone leader and industry veteran, Christine Karbowiak, has announced that she will retire after more than 28 years of service.

She will remain in her current roles as Executive Vice President, Executive Officer, G-Chief Sustainability Officer and member of the Global Executive Committee of Bridgestone Corporation, and Executive Vice President, Chief Administrative Officer and member of the Executive Committee of Bridgestone Americas, until the end of 2020.

Joining the company as Senior Counsel for Bridgestone Retail Operations in 1992, Chris has advanced into multiple leadership positions of increased responsibility and visibility. She was named Chief Administrative Officer and Executive Vice President for Bridgestone Americas in 2010, and Chief Risk Officer the following year, with oversight of the Communications; Government Affairs; Environment, Health and Safety; Security, and Sustainability departments for Bridgestone Americas. First elected a Vice President and Officer of Bridgestone Corporation in 2011, she was named to that company's Global Executive Committee in 2014 and most recently was elected Executive Vice President and Executive Officer in 2019. She also serves on Boards of Directors of Bridgestone Americas (as Vice Chair) and Bridgestone China Asia Pacific. 'Chris leaves an indelible mark on our company, past, present and future,' said Paolo Ferrari, executive vice president and executive officer, Bridgestone Corporation, and member of the board, CEO and president of Bridgestone Americas. 'To Bridgestone Americas, she is an icon, and her reputation as a fearless and forward-looking leader will be her legacy. I speak for all Bridgestone employees when I say that she will truly be missed.' Chris has played key roles in many facets of the Bridgestone business, including leading site selection and development efforts for Bridgestone Tower in downtown Nashville. She helped secure notable sport partnerships on behalf global Bridgestone, including the World Golf Championship's Bridgestone Invitational, Bridgestone Senior Players Championship, and Worldwide Olympic and Paralympic partnerships. A longtime advocate for evolving Bridgestone's sustainability position, Chris led the development, launch and implementation of Bridgestone's Global Sustainable Procurement Policy, and in 2019, became the company's first Global Chief Sustainability Officer. She currently represents Bridgestone on the World Business Council for Sustainable Development and the Tire Industry Project, roles that she will continue through 2021.

About Bridgestone Americas, Inc

Nashville, Tenn.-based Bridgestone Americas, Inc. (BSAM) is the U.S. subsidiary of Bridgestone Corporation, 3/3 the world's largest tire and rubber company. BSAM and its subsidiaries develop, manufacture and market a wide range of Bridgestone, Firestone and associate brand tires to address the needs of a broad range of customers, including consumers, automotive and commercial vehicle original equipment manufacturers, and those in the agricultural, forestry and mining industries. The companies are engaged in retreading operations throughout the Western Hemisphere and produce air springs, roofing materials, and industrial fibers and textiles. The BSAM family of companies also operates the world's largest chain of automotive tire and service centers. Guided by its global corporate social responsibility commitment, Our Way to Serve, the company is dedicated to improving the way people live, work, move and play in all of the communities it calls home.

Contact:

Tel: +1 (248) 520-6659

Email: KinkadeSteve@bfusa.com

(C) 2020 Electronic News Publishing, source ENP Newswire


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Financials
Sales 2020 3 009 B 28 737 M 28 737 M
Net income 2020 110 B 1 052 M 1 052 M
Net cash 2020 22 295 M 213 M 213 M
P/E ratio 2020 21,7x
Yield 2020 2,95%
Capitalization 2 387 B 22 824 M 22 798 M
EV / Sales 2020 0,79x
EV / Sales 2021 0,74x
Nbr of Employees 143 589
Free-Float 79,8%
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Mean consensus HOLD
Number of Analysts 12
Average target price 3 704,55 JPY
Last Close Price 3 390,00 JPY
Spread / Highest target 19,5%
Spread / Average Target 9,28%
Spread / Lowest Target 0,29%
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NameTitle
Shuichi Ishibashi Chief Executive Officer & Director
Akihiro Eto President, Chief Operating Officer & Director
Masaaki Tsuya Chairman
Masato Sakano Chief Technology Officer
Hideo Hara Director
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