Toshiba CEO resigns amid growing opposition to restructuring plans
[TOKYO] Toshiba Corp said on Tuesday that chief executive Satoshi Ttsunakawa will resign, as the Japanese conglomerate faces increasing opposition to its controversial restructuring plans.
Senior executive Taro Shimada, a former executive of Germany's Siemens AG, will become the new head of the company. The appointments are effective on Tuesday. REUTERS
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Share with us your feedback on BT's products and services
TRENDING NOW
The retirement advice that worries me the most
Haidilao co-founder’s family buys second bungalow in Cluny Hill for S$85 million
From hawker stall to Enterprise Award winner: How Han Keen Juan scaled the Old Chang Kee empire
Yeo’s, Tiger Beer and now Gardenia – flight of food manufacturing from Singapore might be just as planned