CyberAgent, Inc. (HQ: Shibuya-ku, Tokyo; President: Susumu Fujita; TSE: 4751) today announced changes to its Board of Directors as outlined below.
1. New Candidates of the Board of Directors （Appointments of Directors are planned to be proposed at the 21st Annual General Shareholders Meeting scheduled for December 14, 2018）
（1）Changes to Directors
(2) Scheduled date for changes
December 14, 2018
2. Promotion of Director
(1) Changes to Director
(2) Date of Change
October 3, 2018
CyberAgent had been adopted ”CA8,” an individual Executive Director rotation policy to limit the maximum number of Directors to eight and change two executive directors every two years. However, the system was abolished in October 2018 to reorganize a structure for business expansion. We will propose to increase the number of Directors at the 21st Annual General Meeting of shareholders on December 14, 2018, aiming at further improvement in the management team following business diversification. Going forward, CyberAgent will strive to cultivate managerial talents and also develop a lean and robust management structure.
1. New Candidates of the Board of Directors （Appointments of Directors are planned to be proposed at the 21st Annual General Shareholders Meeting scheduled for December 14, 2018）
（1）Changes to Directors
| Name | New Title & Areas of Responsibility | Current Title |
| Takahito Naito |
Director Advertising Technology, Creative |
Senior Corporate Officer General Manager of Ad-Tech Headquarter |
| Norishige Nagase | Director Technical Development |
Corporate Officer General Manager of Technology Policy Department |
| Riku Yamada | Director AbemaTV Advertisement |
Corporate Officer General Manager of Advertisement Headquarter, AbemaTV, Inc. |
(2) Scheduled date for changes
December 14, 2018
2. Promotion of Director
(1) Changes to Director
| Name | New Title | Current Title |
| Takahiro Yamauchi | Managing Director | Director |
(2) Date of Change
October 3, 2018
CyberAgent had been adopted ”CA8,” an individual Executive Director rotation policy to limit the maximum number of Directors to eight and change two executive directors every two years. However, the system was abolished in October 2018 to reorganize a structure for business expansion. We will propose to increase the number of Directors at the 21st Annual General Meeting of shareholders on December 14, 2018, aiming at further improvement in the management team following business diversification. Going forward, CyberAgent will strive to cultivate managerial talents and also develop a lean and robust management structure.
Reference) Members of the Board of Directors after December 14, 2018
| President | Susumu Fujita |
|---|---|
| Vice President | Yusuke Hidaka |
| Executive Managing Director | Yasuo Okamoto |
| Managing Director | Go Nakayama |
| Managing Director | Masahide Koike |
| Managing Director | Takahiro Yamauchi |
| Director | Koki Ukita |
| Director | Tetsuhito Soyama |
| Director (New) | Takahito Naito |
| Director (New) | Norishige Nagase |
| Director (New) | Riku Yamada |
| Outside Director | Koichi Nakamura [Independent] |
| Director (Full-time Audit and Supervisory Committee member) | Toko Shiotsuki |
| Outside Director (Audit and Supervisory Committee member) | Masao Horiuchi [Independent] |
| Outside Director (Audit and Supervisory Committee member) | Isao Numata [Independent] |