Recruit Holdings has announced that Hisayuki Idekoba will be the group’s new CEO and president. Idekoba, who led the acquisition of Indeed.com eight years, will assume new responsibilities in April.

Hisayuki Idekoba

He will replace Masumi Minegishi who will become chairperson and representative director of the board. Idekoba (LinkedIn profile) joined Recruit Holdings in 1999 after he completed his bachelor of commerce from Waseda University in central Tokyo. He was appointed chairman of Indeed’s board in 2012 and was promoted to president and CEO the next year. He held the recruitment marketplace’s leadership position until March 2019. Between 2011 and 2012, he was a board member at China-based 51Job.

Currently, Idekoba is serving as executive VP, chief operating officer and the board’s director at Recruit. The transition was proposed by Minegishi (Bloomberg profile), according to a news release

“We greatly appreciate Masumi [Minegishi] and the outstanding contributions he made while leading the company over the past nine years,” said Naoki Izumiya, chair of the nomination committee, outside director of the board. “The nominating committee had been discussing CEO succession plans, and concluded that Hisayuki would be the ideal candidate to succeed Masumi as president and CEO, and lead Recruit Group.”

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