Toshiba prepares to cement Muromachi into top job

Toshiba Corp interim President Masashi Muromachi has been proposed by the company as a more permanent CEO officer beyond September following the dramatic exit last week of a host of executives, over their roles in one of Japans biggest accounting scandal according to Japanese media.

No coming back to CE for Toshiba after corruption scandal

The impact of today’s shocking fall from grace by Toshiba CEO Hisao Tanaka and his two immediate predecessors, Norio Sasaki, (who has been serving as Toshiba’s vice chairman) and Atsutoshi Sasaki, chief executive from 2005 until 2009 will effectively end the company’s consumer electronics operations, according to analysts.