[New post] Toshiba to tap Shiseido adviser as new head of board: sources

sskarthik posted: "Toshiba Corp is set to pick Shiseido Co adviser Shinzo Maeda to head its new board to improve corporate governance in the wake of a massive accounting scandal, two people familiar with the plan said on Thursday. The Japanese conglomerate on Aug. 18 propos" Respond to this post by replying above this line New post on SKarthik.info Toshiba to tap Shiseido adviser as new head of board: sources by sskarthik Toshiba Corp is set to pick Shiseido Co adviser Shinzo Maeda to head its new board to improve corporate governance in the wake of a massive accounting scandal, two people familiar with the plan said on Thursday. The Japanese conglomerate on Aug. 18 proposed a fresh 11-member board with seven external directors, including Maeda, and left vacant the chairman post, previously held by President Masashi Muromachi. At an extraordinary shareholders' meeting scheduled next month, Toshiba will propose changing its corporate code to allow external directors to head the board and preside over its meetings, the people said, declining to be identified because the decision remains confidential. Read more... sskarthik | August 27, 2015 at 11:44 am | Categories: Computers and Internet | URL: http://wp.me/p1eKZE-3h8n Comment    See all comments Unsubscribe to no longer receive posts from SKarthik.info. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://sskarthik.wordpress.com/2015/08/27/toshiba-to-tap-shiseido-adviser-as-new-head-of-board-sources/ Thanks for flying with WordPress.com