Toshiba chief executive steps down amid restructuring efforts

Mr Shimada was an executive at Siemens, in Japan and the US, before joining Toshiba in 2018, working in its digital operations

(AP Photo/Shuji Kajiyama)

Toshiba chief executive Satoshi Tsunakawa is stepping down as the embattled Japanese technology giant seeks to restructure and restore its reputation.

Mr Tsunakawa will be replaced by Taro Shimada, an executive officer and corporate senior vice president, under a decision made at a board meeting on Tuesday, the Tokyo-based company said.