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 Tuesday (Mar 1).
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