TOKYO -- Toshiba has nominated an investment banker known for "creative deal making" to be its chairman as the industrial conglomerate examines a possible buyout by private equity and tries to mend fences with activist shareholders.
Akihiro Watanabe, chairman of Asia corporate finance at Houlihan Lokey, a boutique U.S. investment bank, has been nominated with 12 other board candidates for approval at Toshiba's annual general meeting next month. Seven of the 13 candidates are newly nominated.
