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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
April 2000
September 2002
April 2004
July 2011
September 2015

Joined Toshiba Corporation
Manager, ODD Sales & Marketing Dept., Storage Device Div.
General Manager, Sales & Marketing Dept., Storage Device Div.
General Manager, Business Planning Div., Storage Device Div.
Vice President, Storage Products Div.
General Manager, Strategic Planning Div.


Executive Officer, Corporate Senior Vice President
 Masaharu Kamo

April 1992
June 1996
November 2000
June 2010

December 2016
July 2017
January 2020

Joined McKinsey & Company, Inc. Japan
Executive Vice President, Nikkodo Co., Ltd.
Executive Vice President, Usen Corp.
Executive Managing Officer, Lawson, Inc.
*Senior Executive Managing Officer from 2014
Senior Advisor, Deloitte Thomatsu Financial Advisory LLC
Partner, McKinsey & Company, Inc. Japan
Joined Toshiba Corporation


Executive Officer, Corporate Vice President
 Hideaki Ishii

April 1982
April 1999

July 2006
February 2011
April 2014
October 2019

Joined Toshiba Corporation
Manager, Quality Assurance Sect., Transportation Systems Dept., Fuchu Works
Senior Manager, Transportation Systems Dept., Fuchu Complex
Technology Executive, Railway Systems Div.
Chief Technology Executive, Social Infrastructure Systems Company
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

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Information in the news releases, including product prices and specifications, content of services and contact information, is current on the date of the press announcement, but is subject to change without prior notice.

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