TOKYO, January 30, 2023 – Ricoh Company, Ltd. (“Ricoh”) announces a personnel change of Representative Director, President and Chief Executive Officer, as approved at a meeting of the Board of Directors held today, January 30, 2023.

1. Reason for the change

This change aims to further increase Ricoh’s corporate value and achieve sustainable growth by strengthening and improving the Ricoh Group’s management structure.

2. Content of change

Name New Current
Yoshinori Yamashita Representative Director
Chairperson
Representative Director
President and Chief Executive Officer
Akira Oyama Representative Director
President and Chief Executive Officer
Director
Executive Corporate Officer
President of RICOH Digital Services Business Unit

3. Profile of Representative Director, President and Chief Executive Officer

See attachment

4. Effective date

April 1, 2023

Profile of Representative Director, President and Chief Executive Officer

Name

Akira Oyama

Date of Birth

January 1961

Place of Birth

Yamagata, Japan

Education

Graduated from Waseda University, School of Political Science and Economics

Career

July 1986

Joined the Company

April 2011

President and COO of Ricoh Europe Plc

August 2012

Group Executive Officer
General Manager of Europe Marketing Group CEO of Ricoh Europe Plc
Chairperson of Ricoh Europe B.V.

April 2014

Corporate Senior Vice President
General Manager of Corporate Division

April 2015

President of Ricoh Americas Holdings, Inc.

June 2015

Director

September 2015

General Manager of New Business Development Division

June 2016

Corporate Executive Vice President

April 2017

CFO (Chief Financial Officer)
General Manager of CEO Office

April 2018

General Manager of Sales and Marketing Group

April 2019

CMO (Chief Marketing Officer)

April 2020

General Manager of Workplace Solutions Business Group

April 2021

Executive Corporate Officer (Current)
President of RICOH Digital Services Business Unit (Current)

June 2021

Director (Current)

April 2022

Director and Chairperson of Ricoh Japan Corporation (Current)

Number of shares held

28,300 shares (as of the end of December 2022)

SOURCE Ricoh USA, Inc.