One of Japan’s Rare Foreign CEOs to Leave After Three Years

  • Mitsubishi Chemical’s Jean-Marc Gilson to step down by April
  • Belgian executive was one of only a few foreign CEOs in Japan
Jean-Marc GilsonPhotographer: Akio Kon/Bloomberg
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Mitsubishi Chemical Group Corp. shares fell sharply after the company said Chief Executive Officer Jean-Marc Gilson, one of the few foreigners to lead a Japanese business, will exit next year.

Gilson, 60, will step down by April and be succeeded by Executive Vice President Manabu Chikumoto, the Tokyo-based company said in a statement Friday, adding that the new CEO has “deep business expertise and is widely connected” in the industry at home and abroad.