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Toshiba Ceo Quits Over Accounting Scandal


Ron Burgundy
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Toshiba Corp President and Chief Executive Officer Hisao Tanaka attends a news conference at the company headquarters in Tokyo"I see this as the most damaging event for our brand in the company's 140-year history," Tanaka told a news conference after making a ritual deep bow of contrition to a flurry of camera shutters and flashes. Muromachi is considered a safe pair of hands to lead Toshiba through its current turmoil before handing the reins to a successor. A total of eight officials resigned on Tuesday and Tanaka said that the company is now considering appointing outside directors to over half of its board seats.




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