The company’s shares rallied after news of KKR’s possible bid, but then pared those gains to close 5.8% higher. Kurumatani suffered a sharp drop in support among the company’s executives and ...

TOKYO (Reuters) - Toshiba Corp Chief Executive Nobuaki Kurumatani plans to step down as other board members consider his future at the industrial conglomerate amid controversy over a $20 billion ...

Chief Executive Nobuaki Kurumatani will be replaced by Satoshi Tsunakawa, who had preceded Mr. Kurumatani in the top operating role, the company said.

Chief Executive Nobuaki Kurumatani resigned on Wednesday after a series of controversial missteps cost him the support of investors and staff. His ties to buyout bidder CVC Capital Partners may ...

Toshiba Corp. Chief Executive Officer Nobuaki Kurumatani will add the title of president effective April, part of a revamp among top management aimed at speeding up decision-making. Satoshi ...