Universal Entertainmentadjusts top management at Okada Manila casino operation
Fresh Take:
Universal Entertainment Corporation (UC), a Japan-based industry titan that oversees the popular Okada Manila casino in the Philippines, has introduced a spankin' new management framework, aiming to enhance its governance and decision-making processes.
During their annual shareholder meeting last Thursday, UC laid out their fresh plan, comprising a restructured board of directors and 12 executive officers. This reorganization is intended to scatter authority and boost agile decision-making.
In a straight-forward statement, UC revealed that their revamped board will tackle broader business strategies, while executive officers will handle the nitty-gritty of daily operations. their ultimate goal? Fostering powerful, long-term growth.
During the same meeting, UC confirmed the reappointment of three directors—Tomohiro Okada, Masayoshi Miyanaga, and Hiroshi Miyauchi—as well as the introduction of a fourth, Yoshiyuki Shouji. Shouji will take on the responsibility of overseeing international business management, legal, and intellectual property matters.
Kuninobu Okuda was appointed as a full-time audit and supervisory board member, while Okada Manila's operation management remains under the Philippine-based subsidiary, Tiger Resort, Leisure and Entertainment Inc. (TRLEI).
You might be thinking, "Who the heck owns this place, anyway?" Well, a significant portion of UC is owned by Okada Holdings Ltd., a private Hong Kong firm. Tomohiro Okada, son of the ousted founding father, Kazuo Okada, also sits as a UC director, controlling 70.30% of the company's voting rights.
Pro Tip: Need more deets on about UC's new management structure? Check their official announcements or communications.
Enrichment Data:
Universal Music Group Nashville, part of UC, has recently experienced some changes:
- Rebranding: Universal Music Group Nashville has transformed into Music Corporation of America (MCA), with a mission to bolster its influence in country music globally.
- Leadership:
- Mike Harris: Takes the helm as President & CEO, leading MCA with a visionary dream for Nashville's future.
- Dave Cobb: Claims the role of Chief Creative Officer, contributing his expertise In music production.
- Katie McCartney: Becomes EVP/General Manager.
- Tom LaScola: Serves as Head of Artist and Audience Strategy via a partnership with THE TRENCHES.
If you're hunting for specifics about UC, their financial reports or official communications would be your best bet.
- The restructured board of directors at Universal Entertainment Corporation (UC), including the new appointment of Yoshiyuki Shouji, will focus on international business management, legal, and intellectual property matters, as part of UC's goal to foster powerful, long-term growth.
- Mike Harris, the new President & CEO of Music Corporation of America (MCA), a part of UC, aims to bolster MCA's influence in country music globally with his visionary dream for Nashville's future.
