Shiseido has created a new executive role, Chief Growth Officer, as part of its future strategy to realize sustainable growth. Effective January 1, Shiseido Americas President and CEO, Marc Rey, will assume this new role in addition to his current responsibilities.

Marc will also oversee global M&A for the company, in collaboration with Shiseido’s headquarters in Tokyo.

Further, the newly established Technology Acceleration Hub, based in Cambridge, Massachusetts, will also report to Marc. Marc will continue to report to Masahiko Uotani, President and CEO, Shiseido. Supporting Marc in his additional role is Ron Gee, Chief Financial Officer of Shiseido Americas, who has been named Global M&A Leader for Shiseido. Ron will oversee a newly-established global M&A team to support the company’s acquisition strategy across all geographies and categories, including emerging technologies in cooperation with the company’s Tokyo headquarters.