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Toshiba in turmoil

New Toshiba CEO vows to 'see things' from activist investors' view

Self-claimed digital native to refocus company on technology services

Toshiba CEO Satoshi Tsunakawa, left, is stepping down from his position and Senior Vice President Taro Shimada, right, is taking over. (Screenshot from Toshiba's website) 

TOKYO -- Toshiba CEO Satoshi Tsunakawa has stepped down and Chief Digital Officer Taro Shimada will succeed him, the Japanese conglomerate announced on Tuesday, confirming an earlier report by Nikkei.

"I believe I am the first digital native to lead a traditional Japanese company," Shimada said in an online press conference. Shimada joined Toshiba three years ago. Previously, he was an executive at Siemens and the Japan head of a U.S. software company. Shimada started his career as an aircraft engineer and was involved in the development of military and civilian aircraft at ShinMeiwa Industries and Boeing.

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