ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Toshiba in turmoil

Toshiba centralizes power by appointing CEO Kurumatani as president

New chief led recovery from losses and scandal, now pushes digital-oriented strategy

Toshiba Chairman and CEO Nobuaki Kurumatani is slated to become president in April.

TOKYO -- Toshiba has announced it will appoint Chairman and CEO Nobuaki Kurumatani as president, consolidating decision-making authority to hasten the Japanese company's adoption of a more digital-oriented growth strategy.

Kurumatani, who joined the industrial group in his current capacity in 2018, has led Toshiba's recovery from a crisis sparked by the company's 2015 accounting scandal and crippling losses on U.S. nuclear operations. He has worked to find a new path forward after the spinoff and sale of Toshiba's crown jewel memory chip unit.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more