Toshiba opts for tech outsider as former banker becomes CEO

Trevor Treharne
clock • 1 min read

New CEO 'deeply aware of the challenges' he faces, while troubled firm forecasts first profit in years

Toshiba Group has appointed as CEO a former banker who focuses on distressed companies. The firm has also forecast its first annual profit in four years. Toshiba has been plagued by losses in re...

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