NSG's Naylor Resigns
April 18, 2012
by Penny Stacey, firstname.lastname@example.org
NSG Group president and CEO Craig Naylor has resigned from the
company, effective today, just two years after being named
to the post in April 2010. Company officials have attributed
Naylor's decision to leave to "fundamental disagreements."
"Craig Naylor's decision to tender his resignation reflected
fundamental disagreements with the board on company strategy,"
says Katsuji Fujimoto, NSG Group chair. "This is regrettable,
but we thank Craig for his efforts over the past two years and wish
him well in the future. Our priority now is to concentrate on the
future development of the company."
Naylor will remain with the company as a board member and as an
Keiji Yoshikawa, who had been named chief project management officer for the
company during a February
2012 re-organization, has been named as Naylor's replacement.
In his capacity as president and CEO, Yoshikawa assumes overall
responsibility for overseeing the profitable operations and development
of the NSG Group.
With the departure of Naylor, the company has announced several
other personnel moves. Clemens Miller has been appointed representative
executive officer, executive vice president and chief operating
officer. As COO, Miller will take direct responsibility for the
day-to-day management of all of the Group's operations.
Mark Lyons will continue in the role of chief financial officer
but also has been appointed representative executive offficer.
Naylor joined the company with a resume that included a 36-year
stint with Wilmington, Del.-based DuPoint, serving most recently
as group vice president for the company up until 2006. He joined
NSG just seven months after another notable NSG executive, Stuart
down from his post as president and CEO in August 2009just
14 months after his appointment to the position in June 2008. Fujimoto
had served as president and CEO for eight monthsbetween the
time that Chambers left the company and Naylor joined in April 2010.
Chambers had succeeded Fujimotowho was named CEO in August
2007 (but had previously served as president). At that time, Fujimoto
served in the position for less than a year, from
August 2007 until June 2008 when Chambers took overmaking
Yoshikawa the worldwide company's fourth leader in just five short
years. Fujimoto remains chair of the company.
This story is an original story by AGRR™ magazine/glassBYTEs.com™. Subscribe to AGRR™ Magazine.
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