Kondo Named New President of KFC Japan
New Structure after Transition to Holding Company
Kentucky Fried Chicken Japan (KFC) announced on April 31 that Masaki Kondo, assistant to the CEO of the Living Essentials Group of parent company Mitsubishi Corporation, will become president of Japan KFC Holdings, the holding company that will transition on April 1. President Masao Watanabe will step down as an advisor without representation rights. The transition to a holding company structure will mark a complete overhaul of the company's management structure. Attending the press conference were (from left) Masao Watanabe, president of Mitsubishi Corporation, and Masaki Kondo, president-elect of Mitsubishi Corporation, in the afternoon of January 31, 2014, in Chiyoda-ku, Tokyo.
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