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Sharp bolsters defense with promotion of cost-cutter Nomura

CEO Tai taps right-hand man to chart recovery from pandemic

Katsuaki Nomura has been named Sharp's new president and chief operating officer, succeeding Tai Jeng-Wu. (Photo by Wataru Ito)

OSAKA -- Sharp will promote Chairman and CEO Tai Jeng-Wu's top deputy as president, creating a two-man leadership team as the company faces the challenge of restoring finances battered by the coronavirus pandemic.

Executive Vice President Katsuaki Nomura will become president and COO effective June 25, the company said Tuesday. Tai will vacate his post as president but remain chairman and CEO.

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