CVS Group Founder & CEO Hiroto Shizuka To Retire In 2015

In a surprise announcement made this morning at CVS Group's headquarters in Tokyo, company founder and CEO Hiroto Shizuka announced he will retire in January 2015 due to health concerns. End Quote

(1888PressRelease) October 01, 2013 - Since CVS Group was founded in 2005 by Hiroto Shizuka, the company has grown immensely, and become a leader in the field of small-cap equity research. Founder Mr Hiroto Shizuka commented following his retirement announcement saying "I dedicated my whole life to finance, specifically within the stock markets, and at my age I would simply like to enjoy the fruits of my labour, especially given my current health situation".

Although there has been speculation on the precise nature of his health CEO Mr Hiroto Shizuka declined to elaborate on the subject saying "The nature of my condition has no relevance, it is only important to know that I am healthy now, and that I will be taking a Non-Executive Director position in my retirement".

Mr Hiroto Shizuka did confirm however, that there will be no other changes to the corporate structure of the company, and that his replacement is to be announced publicly later this year. "We will be looking to appoint a CEO from within our current board first of all, but nothing is set in stone at this stage".

Executive Director Mr Sato Tanaka, who has been with CVS Group since 2006 commented "With CVS Group currently looking to expand its operations in Tokyo, and being on the brink of opening its blue chip advisory in 2014, this news was unexpected, but all of us here respect our CEO's decision to retire, and I hope to be considered as a candidate for his replacement in 2015".

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