SATO Announces New President & CEO
8/30/2011
Tokyo, Japan – August 30, 2011
– SATO, a leader in barcode printing, labeling, and EPC/RFID solutions,
announced the appointment of Mr. Kazuo Matsuyama as President and Chief
Executive Officer of SATO effective October 3, 2011.
In keeping with the previously announced corporate restructure to a pure
holding company effective October 3, 2011 and the company’s global
mission to enable management to swiftly and decisively recognize
changing market conditions while proactively pursuing profitable
opportunities that result in significant growth, the Board of Directors
has recognized that Mr. Matsuyama’s global vision for expansion, his
international sales and marketing experience, and most importantly, his
demonstrated strength of character and leadership qualities will enable
SATO to move forward and expand its impact as well as increase
shareholder value.
“We welcome these important changes and fully support Mr. Matsuyama as
our new President & CEO,” stated Mr. Koichi Nishida, who will step
down from the current position of President & CEO and will assume
the new role of Chairman. “In these complex times, Mr. Matsuyama’s
dedication, vast international business experience, and vision for
global expansion and corporate growth are essential qualities to reach
our corporate goals.”