Dynam Japan has announced the resignation of long-time Chairman, President and CEO Kohei Sato from his various leadership roles, effective from 27 April 2020.
Sato, who joined Dynam in 1995 and took over as President and CEO in 2013, has been re-designated as a non-executive director of the company for the remaining two months of his term in office, which is due to expire at the next AGM in June.
The 65-year-old, along with four of his brothers and a sister-in-law, holds a majority interest in Dynam – Japan’s second largest pachinko hall operator – of 444.8 million shares equal to 58.07% of the entire issued share capital of the company. He ranked 28th on Inside Asian Gaming’s 2019 Asian Gaming Power 50 list.
Replacing Sato as Chairman of the Board is the company’s Corporate Executive Officer Tatsuji Fujimoto, while Managing Director Makoto Sakamoto takes over as President and CEO
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