Wednesday, April 20, 2016

Toshiba will reportedly replace CEO Muromachi as early as June



TOKYO (By Chang-Ran Kim for Reuters) — Toshiba Corp’s nomination committee is due to meet on Wednesday to discuss the selection of a successor for Chief Executive Masashi Muromachi, who has expressed a desire to step down as early as June, the Sankei newspaper reported.


His successor is expected to be one of Toshiba’s three senior executive vice presidents, with Yasuo Naruke, who heads the core chip business, the likely front-runner, the daily said, without citing its sources.


Toshiba said it had no immediate comment.


Muromachi took over the Japanese…




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Toshiba will reportedly replace CEO Muromachi as early as June

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