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Shiseido worldwide

This article was originally published in The Rose Sheet

Executive Summary

Morio Ikeda appointed president, CEO and COO, firm announces March 6. Ikeda, who joined Shiseido in 1961, is director and general manager of the secretarial department and oversees communications. Current President and CEO Akira Gemma will assume post of chairman, Senior Exec Director Shigeo Shimizu will become senior exec VP and Chairman Yoshiharu Fukuhara will retire and assume an honorary chair position, company says. Leadership changes are part of firm's ongoing global multi-brand strategy and operational restructuring, initiated in response to adverse business conditions in Shiseido's Japanese cosmetics division
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