Uzabase, Inc. Announces Change in Chief Executive Officer and Management Structure

Uzabase, Inc. hereby announces a change in the Chief Executive Officer as outlined below in accordance with the decision by the Meeting of the Board of Directors held on 11 October 2017. This change will take effect on 1 November 2017.

1.Details

2.Reasons
Ryosuke Niino, Co-Chief Executive Officer of Uzabase, Inc., has been making full efforts to drive the company’s business growth and expansion since its establishment in April 2008, with the mission of “Business Intelligence to Change Your World”.
Lately, however, with his chronic illness showing temporary signs of deterioration, Niino requested that he be able to focus on medical treatment for the time being and agreed to resign from the position of Co-Chief Executive Officer on 31 October 2017 at the Meeting of the Board of Directors held on 11 October 2017. For now, Niino will prioritise his medical treatment, and continue to undertake the important duties of devising and implementing management principles and business strategies going forward, depending on his health condition.
Yusuke Umeda, the newly appointed Co-Chief Executive Officer, had been undertaking the same role from the establishment of the company until April 2017, when Uzabase, Inc.’s last management structural change came into effect. Currently, Umeda is the Director of Uzabase, Inc. and NewsPicks Inc., and is propelling the development of the US edition of NewsPicks. Utilising the expertise and experience that he has gained overseas from this process, Umeda will resume the position of Co-Chief Executive Officer for the Group, pledging to fulfil the duties.
Note that no change is made to Yusuke Inagaki, the current Co-Chief Executive Officer for Uzabase, Inc.
 
3.Brief Resume of the New Co-Chief Executive Officer
Name: Yusuke Umeda
Date of Birth: 26 April 1981
Brief Resume:
  April 2004: Corporate Directions, Inc.
   February 2007: UBS Investment Banking
   April 2008: Established Uzabase, Inc.; Co-Chief Executive Officer
   April 2015: Established NewsPicks Inc.; Chief Creative Officer
   April 2017: Director of Uzabase, Inc. and Chief Creative Officer of the Group (Current)
   April 2017: Director of NewsPicks Inc. (Current)
   May 2017: Established NewsPicks USA, LLC; Chairman (Current)
Number of stock holdings: 1,505,500 shares (as of end-September 2017)
 
4.Effective Dete
Assumption as Co-Chief Executive Officer: 1 November 2017
 

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