Seven & i appoints Isaka as president

TOKYO: Seven & i Holdings Co has appointed the head of its Seven-Eleven Japan Co convenience store unit Ryuichi Isaka as its president, capping a tumultuous month for Japan’s largest retailer that saw its chairman resign after failing to oust the executive.

Seven & i also appointed chief administrative officer Katsuhiro Goto to be vice-president of the group, while executive Kazuki Furuya is to replace Isaka as president at Seven-Eleven Japan, the Japanese retailer said in a statement. The appointments will take effect on May 26, it said.