News: Toshiba CEO Hisao Tanaka, other board members to step down

C-Suite

Toshiba CEO Hisao Tanaka, other board members to step down

An independent investigation was looking at the role played by top officials, a move that could force a management overhaul, Reuters reported earlier this month, citing people familiar with the matter.

Toshiba Corp Chief Executive Hisao Tanaka will step down in September along with other board members including Vice Chairman Norio Sasaki to take responsibility for accounting irregularities at the Japanese conglomerate, sources said. An independent investigation was looking at the role played by top officials, a move that could force a management overhaul, Reuters reported earlier this month, citing people familiar with the matter. 

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Topics: C-Suite, #International, #Movements

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