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Toshiba CEO resigns over $1.2 billion accounting scandal

Toshiba CEO resigns over $1.2 billion accounting scandal

CNN Business - by Sophia Yan

Toshiba's chief executive and president Hisao Tanaka resigned Tuesday over an accounting scandal that has rocked the company. Eight board members, including vice chairman Norio Sasaki, have also resigned their posts as part of a major management reshuffle. Toshiba's current chairman, Masashi …

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