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Toshiba nominates new CEO in bid to put accounting scandal behind it
Published Sun, May 8, 2016 · 09:50 PM
Tokyo
JAPAN'S Toshiba Corp said it had nominated Satoshi Tsunakawa, a former head of its medical equipment division, to be its next chief executive officer - a move that it hopes will draw a line under a damaging accounting scandal.
Sixty-year-old Mr Tsunakawa, who was not embroiled in the scandal, is credited with having grown the medical equipment unit into a major profit driver. He is currently a senior executive vice-president.
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