New heads: Toshiba Corp incoming President and chief executive Satoshi Tsunakawa (left) and incoming chairman Shigenori Shiga at a news conference at the company headquarters in Tokyo, Japan May 6. — Reuters
TOKYO: Japan's Toshiba Corp 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.
