Toshiba nominates new CEO in bid to put accounting scandal behind it

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.