The top executive of the embattled U.S. division of Bridgestone Corp. will no longer manage its operations, the president of the Tokyo-based company said.

Masatoshi Ono, CEO and chairman of the U.S. operations and executive vice president of Bridgestone, may remain with the company but his role has not been determined.

Bridgestone President Yoichiro Kaizaki told Nikkei Business magazine for an article published Monday that he would discuss plans to restructure the U.S. subsidiary with "the person who will become the top management of Bridgestone/Firestone in the future."

Nikkei Business quoted Kaizaki as saying: "To start with, we will renew Bridgestone/Firestone's top management and the company's organizational structure." The magazine also said that Kaizaki added: "We will let Mr. Ono go."

Bridgestone spokesman Ken Kitawaki insisted Monday that the company has not decided what will happen with Ono.