Toshiba CEO resigns

Toshiba’s CEO Satoshi Tsunakawa (pictured) and his deputy Mamieu Hatazawa resigned earlier today amid the furore over plans to re-structure the company.  Corporate svp Taro Shimada is the new CEO. Tsunakawa was a Toshiba lifer. Last November he came up with a plan to split Toshiba into three parts. Shareholder disapproval led him to abandon ...

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