Japanese shipowning giant K Line will have a new CEO next year as it "rejuvenates" its management for its 100th anniversary.
The company said president and CEO Eizo Murakami will become chairman from 1 April, replacing Jiro Asakura, who will remain on the board.
The new CEO is Yukikazu Myochin, 57.
He has been senior managing executive officer since April.
