The Japanese shipping group Mitsui O.S.K. Lines (MOL) has announced changes in leadership as Takeshi Hashimoto steps down from his role as chief executive.
The company has determined that a smooth transition to the next-generation management structure is essential for the sustainable growth of the group.
Amid significant changes in the business environment surrounding the shipping industry, MOL has revealed the succession plan for the president and CEO of the company.
At the meeting of the board of directors held on December 19 new appointments were approved, effective on April 1, 2026, regarding the chairman, president & CEO, and vice presidents.
Jotaro Tamura is stepping up to become president and chief executive officer, replacing Takeshi Hashimoto who will be appointed as chairman of the board.
Tamura, born in 1968, who is currently the senior managing executive officer, has been appointed as the new president and CEO, effective on April 1 next year.
“Tamura, who will take on the role of leading the company, has successfully led global organizations, particularly in the containership business, and has earned deep trust both within and outside the company,” said Takeshi Hashimoto.
From his side, the new president and CEO Jotaro Tamura said: “To maximize corporate value in collaboration with all stakeholders, I believe that as leader I must not only demonstrate balanced decision-making and action based on broad perspective and foresight, but also place greater emphasis on strengthening teamwork among the management team. From this standpoint, I intend to swiftly establish and implement a new structure requiring close coordination with the chief operating officer and chief financial officer.”
The company is also moving towards the creation of new vice president roles.
