Toshiba Chairman Kurumaya assumed office in April, concentrated authority and reorganized management January 18, 15:20
Toshiba has decided to hire Chairman Nobuaki Kuratani to take office in April. President Satoshi Tsunakawa has resigned as chairman without representation rights, and plans to rebuild management by concentrating authority over Mr. Kurumaya.
Toshiba met the board of directors on the morning of the 18th, and Chairman Kurumaya decided to take over as President on April 1st.
Two years ago, Mr. Kurumaya assumed the post of Deputy President of Sumitomo Mitsui Banking Corporation, and became Chairman and CEO of Toshiba two years ago, leading the formulation of medium-term business plans.
President Tsunakawa will be retired as a chairman without representation, and it is the first time in 48 years that Toshiba's president has been hired from outside. Mr. Kurumaya will continue to serve as CEO, and says the company aims to focus more authority and stop making decisions.
Toshiba has fallen into a management crisis due to the fraudulent accounting problem and the huge loss of the nuclear power business in the United States, and is trying to rebuild its management by selling the semiconductor subsidiary that it earned, but how to foster new pillars of earnings Is an issue.