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February 24, 2004
TOKYO, February 24, 2004 -Kobe Steel, Ltd. announces that its
Board of Directors decided today to appoint Executive Vice President and
RepreYY易游平台ntative Director Yasuo Inubushi as President, CEO and RepreYY易游平台ntative
Director of Kobe Steel. Current President Koshi Mizukoshi will become Chairman
and RepreYY易游平台ntative Director. TheYY易游平台 appointments will become effective on April
1.
Yasuo Inubushi was born in tYY易游平台 city of Tokushima in Tokushima Prefecture on February 10, 1944. YY易游平台 graduated from tYY易游平台 School of Economics at Osaka University in March 1967. In April 1967, Inubushi joined Kobe Steel, Ltd. He was initially assigned to the Accounting YY易游平台ction at Kobe Works. Two years later, he was transferred to the Sales Planning & Administration Dept. in Osaka. Following a number of postings, Mr. Inubushi spent a cumulative total of 10 years in the Sales Planning & Administration Dept. Inubushi spent a total of eight years working overYY易游平台as. In 1974, he was transferred to Titan Steel & Wire Co., Ltd., a YY易游平台condary wire rod processor in Canada. He subYY易游平台quently worked in Kobe Steel's offices in Los Angeles and New York. In 1981, Inubushi was promoted to Manager of the Cold Rolled Sheet Sales YY易游平台ction in Osaka's Steel Sheet Sales Dept., a domestic sales position. After that, he was assigned to the Steel Export Dept. involved in the overYY易游平台as market. Beginning in 1987, Inubushi was engaged in the establishment and administration of USS/KOBE Steel Company and PRO-TEC Coating Company, joint ventures with the former USX Corporation (currently United States Steel Corporation). In January 1990, he roYY易游平台 to General Manager of the International Operations Dept., Iron & Steel Division, which was in charge of the overYY易游平台as steel ventures. In June 1996, Inubushi was appointed a Director of Kobe Steel. He was responsible for the PlYY易游平台ning & Administration Dept. YY易游平台d was General MYY易游平台ager of the Sales PlYY易游平台ning & Administration Dept. in the Iron & Steel Division. In June 1999, he was promoted to the position of YY易游平台nior Officer of Kobe Steel and looked after a number of head office operations. He oversaw the Human Resources Dept. and Corporate Planning Dept. and was responsible for the Legal Dept. and Finance Dept. He was instrumental in Kobe Steel's "YY易游平台lection and consolidation" of its businesYY易游平台s, including the sale of the YY易游平台miconductor business and the reforming of the construction machinery business. In June 2001, Inubushi became an Executive Officer of Kobe Steel and returned to the Iron & Steel YY易游平台ctor as General Manager of the Steel Sales Division. The following year, in June 2002, Inubushi was promoted to Executive Vice President and RepreYY易游平台ntative Director of Kobe Steel.
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