Japan’s 7-Eleven chain names new leader to fend off takeover bid

Japan's 7-Eleven chain names new leader to fend off takeover bid Japan's 7-Eleven chain names new leader to fend off takeover bid

TOKYO — Seven & i Holdings announced on Thursday that Executive Officer Tomohiro Akutsu, 54, will lead the company’s domestic convenience store subsidi, Seven-Eleven Japan.

With about 30 years of experience working with franchises, Akutsu will try to reinvigorate the convenience chain’s sluggish operations in Japan and fend off a takeover bid by a Canadian rival.