Toshiba CEO: Willing To Sell The Company As Long As It Can Make The Company Great

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Toshiba CEO taro Shimada said on Tuesday that he does not mind being remembered as the CEO who sold Toshiba in the future, as long as any transaction "makes the company great". Taro Shimada made this statement in an interview. Prior to this, the fragile "truce" between Toshiba and shareholders broke down only a week ago, and the company's board of directors experienced 24 hours of chaos.

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Taro shimata

After a series of senior executives left office, taro Shimada became the CEO of Toshiba in March this year. The 146 year old company he led plunged into the financial crisis from accounting fraud and fought a protracted war with activist investors. It is now controlled by a publicly divided board of directors.

When asked how he wanted people to remember him, taro Shimada said: "as the CEO who reborn Toshiba, he is remembered." He added that he did not mind people remembering that he was selling Toshiba. "I mean, in my opinion, in the end, I want to do everything I can to make the company great. I am open to any choice." He said.

He also said that no decision had been made on privatization, and it was still possible to keep listing. Earlier, Toshiba received eight takeover offers in the process of determining its future.

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