Reuters: Technology News: Toshiba appoints Hisao Tanaka as chief executive

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Toshiba appoints Hisao Tanaka as chief executive Feb 26th 2013, 05:20 Tweet Share this Email Print Analysis & Opinion Why Siemens is expanding U.S. manufacturing The danger of a CEO's double-dip A logo of Toshiba Corp is seen atop of the company headquarters in Tokyo January 31, 2013. Credit: Reuters/Shohei Miyano TOKYO | Tue Feb 26, 2013 12:20am EST TOKYO (Reuters) - Toshiba Corp will promote Hisao Tanaka, a long-time manager of procurement and manufacturing at its consumer electronics division, to chief executive at the end of June, the company said on Tuesday. Tanaka, a 40-year veteran of Toshiba and currently a corporate senior executive vice president, will take over from Norio Sasaki, who will move to a newly created role of vice chairman after completing a regular four-year term as CEO. The appointments are expected to be officially approved by the board in June. Toshiba, Japan's leading chipmaker and international nuclear plant builder, employs more than 200,000 people worldwide and vies for infrastructure projects against rivals like Hitachi Ltd, France's Areva SA and Siemens AG of Germany. (Reporting by Mari Saito; Editing by Chris Gallagher) Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.

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