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.
