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  • Notice on New Management Structure and Introduction of Corporate Officer System

    18 Jan, 2020
    TOKYO—Toshiba Corporation (TOKYO: 6502) today announced that it will revise its Management structure, effective from April 1, 2020.

    Toshiba Group has completed recovery of its financial base under the “Toshiba Next Plan” and is shifting its focus to a new growth phase and its transformation to become one of the world’s leading cyber-physical systems (CPS) technology companies.

    Toshiba Group will execute the Toshiba Next Plan with a new Management structure that further clarifies responsibilities for business execution and the supervisory function, in order to ensure speedy decision-making and support future growth.

    Currently the Chairman and CEO and the President and COO shares responsibilities about business execution. Mr. Nobuaki Kurumatani, currently Chairman and CEO, will become President and CEO and take on authority and responsibility for business execution and ensuring speedy decision-making. Mr. Satoshi Tsunakawa, currently President and COO, will become Chairman, and in that capacity responsible for promoting Toshiba Group’s external activities and presence. He will also monitor and supervise business execution as a Director.

    In addition, the Company will introduce a Corporate Officer system (“Shikkouyakuin-seido”) that will provide key personnel who lead the development of Toshiba Group with responsibilities, authority and compensation commensurate with their achievements, and enhance their presence in external sales activities. Please note “Corporate Officer” (“Shikkouyakuin”) is different from “Executive Officer” (“Shikkouyaku”). “Executive Officer” is a legally defined post set out in the Companies Act of Japan and “Corporate Officer” shares management responsibilities under supervision of “Executive Officer.”

    Executive Officers as of April 1, 2020
    Representative Executive Officer, President and Chief Executive Officer
    Nobuaki Kurumatani

    Representative Executive Officer, Corporate Senior Executive Vice President
    Masayasu Toyohara

    Representative Executive Officer, Corporate Executive Vice President
    Masayoshi Hirata
    Naoya Sakurai
    Mamoru Hatazawa

    Executive Officer, Corporate Executive Vice President
    Hironobu Nishikori

    Executive Officer, Corporate Senior Vice President
    Hiroshi Fukuchi
    Takayuki Konno
    Hiroyuki Sato
    Masaharu Kamo

    Executive Officer, Corporate Vice President
    Keiichi Yumita
    Tsutomu Kamijo
    Taro Shimada
    Hideaki Ishii

    New Executive Officer, as of April 1, 2020
    Executive Officer, Corporate Senior Vice President
    Hiroyuki Sato

    April 1984 Joined Toshiba Corporation
    April 2000 Manager, ODD Sales & Marketing Dept., Storage Device Div.
    September 2002 General Manager, Sales & Marketing Dept., Storage Device Div.
    April 2004 General Manager, Business Planning Div., Storage Device Div.
    July 2011 Vice President, Storage Products Div.
    September 2015 General Manager, Strategic Planning Div.

    Executive Officer, Corporate Senior Vice President
    Masaharu Kamo

    April 1992 Joined McKinsey & Company, Inc. Japan
    June 1996 Executive Vice President, Nikkodo Co., Ltd.
    November 2000 Executive Vice President, Usen Corp.
    June 2010 Executive Managing Officer, Lawson, Inc.
    *Senior Executive Managing Officer from 2014
    December 2016 Senior Advisor, Deloitte Thomatsu Financial Advisory LLC
    July 2017 Partner, McKinsey & Company, Inc. Japan
    January 2020 Joined Toshiba Corporation

    Executive Officer, Corporate Vice President
    Hideaki Ishii

    April 1982 Joined Toshiba Corporation
    April 1999 Manager, Quality Assurance Sect., Transportation Systems Dept., Fuchu Works
    July 2006 Senior Manager, Transportation Systems Dept., Fuchu Complex
    February 2011 Technology Executive, Railway Systems Div.
    April 2014 Chief Technology Executive, Social Infrastructure Systems Company
    October 2019 Assistant to Corporate Executive Vice President

    Executive Officers to be retired on March 31, 2020
    Representative Executive Officer, President and COO
    Satoshi Tsunakawa To become Chairman on April 1, 2020

    Representative Executive Officer, Corporate Senior Executive Vice President
    Shinichiro Akiba

    Executive Officer, Corporate Executive Vice President
    Shiro Saito

    Executive Officer, Corporate Vice President
    Ayumi Wada To become Corporate Officer, Corporate Vice President


    Corporate Officers as of April 1, 2020
    Corporate Officer, Corporate Senior Vice President
    Noriaki Hashimoto

    Corporate Officer, Corporate Vice President
    Hitoshi Otsuka
    Hiroshi Yamamoto
    Shun Egusa
    Ayumi Wada