Japan's Toshiba Corp (6502.T) said it had nominated Satoshi Tsunakawa, a former head of its medical equipment division, to be its next chief executive officer - a move that it hopes will draw a line under a damaging accounting scandal.
Sixty-year-old Tsunakawa, who was not embroiled in the scandal, is credited with having grown the medical equipment unit into a major profit driver. He is currently a senior executive vice president.
"My biggest task would be to rebuild trust from stakeholders and transform the company under our new action plans," Tsunakawa told a press conference. "I would place the most immediate priority on beefing up the capital base."
Sixty-year-old Tsunakawa, who was not embroiled in the scandal, is credited with having grown the medical equipment unit into a major profit driver. He is currently a senior executive vice president.
"My biggest task would be to rebuild trust from stakeholders and transform the company under our new action plans," Tsunakawa told a press conference. "I would place the most immediate priority on beefing up the capital base."
