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Tuesday, 26 February 2013 11:42

Toshiba appoints new Emperor

Written by Nick Farrell



Tanaka takes control

Toshiba has appointed a new CEO from its own ranks. The outfit will promote Hisao Tanaka, a long-time manager of procurement and manufacturing at its consumer electronics division, to chief executive at the end of June, the company said.

Tanaka is a 40-year veteran of Toshiba and currently a corporate senior executive vice president. He will take over from Norio Sasaki, who will move to a newly created role of vice chairman after completing a regular four-year term as CEO. Gone are the days when former CEO’s were expected to take the honourable way out in the office car-park after writing a haiku about the transience of life.

The appointments are expected to be officially approved by the board in June. Toshiba, Japan's leading chipmaker employs more than 200,000 people worldwide.

Nick Farrell

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