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Toshiba Interim Ceo Muromachi To Stay On In Role: Media


Ron Burgundy
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Man walks past logo of Toshiba Corp at electronics store in TokyoToshiba Corp has decided to propose interim President Masashi Muromachi as a more permanent chief executive officer beyond September after a slew of executives resigned over their roles in the country's biggest accounting scandal in years, Japanese media said on Tuesday. The Japanese computers-to-nuclear conglomerate had said last week that then-chairman Muromachi would temporarily assume the CEO role after an independent probe found that former CEO Hisao Tanaka had been aware the company had inflated its profits by $1.2 billion over a period of several years. A Toshiba spokesman said nothing had been decided.




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