According to a report in the Nikkei Asian Review, Hisao Tanaka has told 'close associates' of his intention to resign from his role of president of technology giant Toshiba. Several other executives, totalling more half the board and including former president and vice chair Norio Sasaki whom Tanaka replaced in 2013, are expected to follow Tanaka out of the door as the company seeks to clean its image.Source: Bit Tech
The executive departures are due to be announced when the third-party panel releases its findings in an accounting probe which has investigated financial mismanagement covering the tenure of the three former presidents: Tanaka, Sasaki, and Atsutoshi Nishida, presently a consultant for the company.
Cooking the books to lead to executive exodus at Toshiba
Posted on Thursday, Jul 16 2015 @ 19:06 CEST by Thomas De Maesschalck