The Board of Directors of Toshiba Corporation, meeting on January 18, 2020, resolved to appoint three new representative executive officers, with an effective date of April 1, 2020. The company also simultaneously announced that Mr. Satoshi Tsunakawa and Mr. Shinichiro Akiba will resign from their positions as Executive Officers and Representative Executive Officers, effective March 31, 2020. The company announced the appointment of Masayasu Toyohara as Representative Executive Officer, Corporate Senior Executive Vice President, Naoya Sakurai as Representative Executive Officer, Corporate Executive Vice President, Mamoru Hatazawa as Representative Executive Officer, Corporate Executive Vice President, with effect from April 1, 2020. The company also announced that Mr. Nobuaki Kurumatani will remain in his current position of Representative Executive Officer, and will head Toshiba Group's management team as President and Chief Executive Officer (CEO), effective April 1, 2020.