Toshiba CEO to resign

Today, Nobuaki Kurumatani will resign as CEO of Toshiba, reports the Nikkei. Chairman Satoshi Tsunakawa will take over. The move follows an internal Toshiba survey which showed trust in Kurumatani has declined. It also follows a $20 billion bid for Toshiba by private equity company CVC which Kurumatani used to work for and which raised ...

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