Japanese food and drink group Kirin Holdings has shuffled its management pack as the company looks to push on with plans to drive earnings.
Kirin, which owns Australia’s Dairy Farmers and National Foods, said today (10 February) that executive vice president Senji Miyake would become president and CEO from next month.
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Current CEO Kazuyasu Kato will become Kirin’s chairman.
The promotion of Miyake is the latest move from Kirin to establish “a leading company” in food and health and to make the business more international, with a focus on Asia and Oceania.
Kirin’s “vision” was first developed in 2006 when the company’s management demanded a “quantum leap” from the business by 2015.
Since then, Kirin has expanded overseas with acquisitions including those of Dairy Farmers and National Foods.
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By GlobalDataA bid, however, to take Kirin into the food and drink big league fell through this week when the company announced merger talks with fellow Japanese group Suntory ended over disagreements on how a combined company would be formed.
Under Miyake’s stewardship, Kirin said it would look to implement its plans and “comprehensively address key issues” to drive a “significant increase in earnings and efficiency”.
“We will continue to develop appealing, value-added products for customers that offer new ways of enjoying food and health and through business and other activities that contribute to the development of a sustainable society,” the company said.
