Mr. Masafumi Koga, after his turn as President of the PMG Group, retired effective June 12th. Dr. Michael Krehl, so far Executive Vice President of the PMG Group, and Mr. Takeshi Itaba, so far Executive Officer and Vice President at Mitsubishi Materials Corporation, were named co-Presidents of the PMG Group.

The new Executive Board of PMG Group:
Peter Müller, Takeshi Itaba, Toshiyuki Shimamura and Dr. Michael Krehl.