Bridgestone Corp.’s board of directors is updating its corporate governance structure, Tyres & Accessories reports.
The board of directors will be replacing the tiremaker’s “Company with Board of Company Auditors” model with a “Company with Nominating Committee” governance model. Bridgestone said the change in structure will support the company’s goals of “becoming a truly global company” and “Dan-Totsu”– the Japanese term for “the absolute and clear leader.”
The new governance structure and personnel changes will go into effect following the Bridgestone Annual Shareholders Meeting in March.
Read more at tyrepress.com.