Toshiba CEO resigns amid growing opposition to restructuring plans -Breaking
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© Reuters. FILE PHOTO – Logos for Toshiba are shown at the annual meeting of Toshiba Corp with shareholders, Tokyo, Japan. June 25, 2021. REUTERS/Kim Kyung-HoonTOKYO (Reuters) – Toshiba (OTC) Corp on Tuesday announced that Satoshi Tsunakawa, the Chief Executive, will resign due to increasing opposition to its controversial restructuring plan.
Taro Shimada will take over as the head of the company, having been a senior executive with Germany’s Siemens AG. These appointments will take effect Tuesday.
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