Cave CEO Steps Down For Personal Reasons
Chairman Kenichi Takano takes over.
Cave's President and CEO Ito Masahito will be stepping down effective today. In a statement, Cave said Masahito is making the move for personal reasons.
Taking Masahito's place as president will be Kenichi Takano, the company's chariman.
Ito previously shared the president role with Mikio Watanabe. Watanabe left for personal reasons in May.