Nippon Sheet Glass chief Chambers steps down

Reuters
August 26, 2009
COMMERCIAL, RETAIL, AUTO, FABRICATION

Stuart Chambers is to step down as chief executive of Nippon Sheet Glass Co. to spend more time with his family, after a stint of a little more than a year as one of the few foreigners to head a Japanese company.

Nippon Sheet Glass, which makes glass used in cars, construction and for the production of electronics, said on Wednesday [Aug. 26] Chairman Katsuji Fujimoto would assume the CEO post from Oct. 1 while the company searches for a permanent replacement.

 

Chambers, a 53-year old British national who was head of British glass maker Pilkington when Nippon Sheet bought it in 2006 for about 2 billion pounds ($3.3 billion), said he wanted to devote more time to his family living in the U.K., according to an Aug. 26 Reuters report.

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