Toshiba CEO steps down amid restructuring effortsAP, TOKYOToshiba Corp chief executive officer Satoshi Tsunakawa is stepping down as the embattled Japanese technology giant seeks to restructure and restore its reputation. “I have been at Toshiba for only three years, but I love Toshiba,” he said. An extraordinary shareholders’ meeting is set for March 24, when the plan is to be put to a vote. Approval for yesterday’s personnel changes, including a resignation of another board member, and the nomination of two others, is to be sought in a shareholders’ meeting in June, Toshiba said. This might be Toshiba’s “last chance” to fix its reputation and brand power as a technology company and win back trust, he said.

Source: Taipei Times March 02, 2022 02:37 UTC