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Toshiba hires new chief to steer past accounting scandal

Scandal-hit Toshiba has appointed a new president to steer the vast conglomerate past a huge accounting scandal that has hammered its reputation. Company veteran Satoshi Tsunakawa, 60, a senior vice president who joined Toshiba in 1979, will replace incumbent chief Masashi Muromachi in June, Toshiba said.

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