JR Central's Tsuge to chair Chubu Economic Federation; Katsuno to resign

Jiji Press··JP·Read original
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Summary · why it matters

The Chubu Economic Federation has decided to appoint Yasuhide Tsuge, an advisor at JR Central, as the successor to Chairman Satoshi Katsuno, it was learned on the 1st. It will be the first time someone from JR Central has taken the federation's chairmanship, and Katsuno will resign. The appointment is to be formally decided at an extraordinary board meeting on the 5th. Tsuge, as president and then chairman of JR Central, promoted construction of the Linear Chuo Shinkansen and focused on urban development in the Chubu region. He has served as a vice chairman of the federation since 2014 and is well versed in the affairs of the Chubu economy. Katsuno resigned as chairman of Chubu Electric Power on September 30 over a data falsification scandal at the company's Hamaoka nuclear plant. He had indicated he would also step down as the federation's chairman.

Impact on assets 2

Industrials▲
Central Japan Railway Company
9022
▲ Positiverelevance

JR Central advisor Yasuhide Tsuge was appointed to chair the Chubu Economic Federation, the first person from JR Central to hold the post.

Energy Transition & Power Demand▼
Chubu Electric Power Company,Incorporated
9502
▼ NegativeRegulationrelevance

Chairman Katsuno resigned as chairman of Chubu Electric Power over a data falsification scandal at the Hamaoka nuclear plant, and also stepped down as federation chairman.