Tokyo, Japan May 22, 2002 - The Board of Directors of Fuji
Xerox Co., Ltd. (headquarters: 2-17-22 Akasaka, Minato-ku Tokyo, president:
Masamoto Sakamoto, capital: 20 billion yen) will appoint Toshio Arima,
currently president of Xerox International Partners, as president and
will re-appoint Yotaro Kobayashi as chairman. In a related matter, Akira
Miyahara, currently vice chairman, and Masamoto Sakamoto, currently president,
will retire from their respective positions and become executive advisers
to the board.
These appointments, along with other executive personnel
matters, are scheduled to be officially approved at the board of directors'
meeting directly following the annual shareholders' meeting on June 26,
2002.
Newly appointed as of June 26, 2002
New
Current
Name
President and Representative Director Fuji Xerox
Co., Ltd.
President and CEO Xerox International Partners*
Toshio Arima
Retiring as of June 26, 2002
New
Current
Name
Executive Adviser to the Board Fuji Xerox Co., Ltd.
Vice Chairman and Representative Director
Fuji Xerox Co., Ltd.
Akira Miyahara
Executive Adviser to the Board Fuji Xerox Co., Ltd.
President and Representative Director Fuji
Xerox Co., Ltd.
Masamoto Sakamoto
Candidates for Directors and Corporate Auditors
(To be elected on June 26, 2002)
1
Candidates for Directors
Toshio Arima (Newly nominated)
Joseph Y. C. Chu
James A. Firestone
Yotaro Kobayashi
Yoshihiko Miyauchi
Anne M. Mulcahy
Masayuki Muneyuki
Minoru Ohnishi
Jiro Shono (Newly nominated)
Mitsutaka Sofue
Hideaki Takahashi
Tadahito Yamamoto (Newly nominated)
Tasuku Imai
Noritake Kobayashi (Newly nominated)
Gregory B. Taylor
Akira Yokota (Newly nominated)
4
Corporate Auditors to Retire
Hideki Kaihatsu
Shijuro Ogata
*: Concerning Xerox International Partners
Xerox International Partners
(3400 Hillview Avenue, Bldg. 4, Palo Alto, CA 94304, U.S.A.)
Established October 1, 1991
Joint venture: Xerox Corporation (USA) 51%, Fuji Xerox Co.,
Ltd. 49%
(capital is non-applicable since the firm was established as
a partnership)
Responsible for the OEM sales and support of laser printer
systems, consumables, and options developed and manufactured
by Fuji Xerox
In addition, responsible for the OEM business development of
copiers and related products offered by the Xerox Group
(marketing territory: worldwide excluding Japan and Asia)