Toshiba Appoints New Corporate Officer

Ryuji Maruyama appointed as Corporate Officer, Corporate Representative – the Americas, Toshiba Corporation and Chairman & CEO, Toshiba America, Inc.

NEW YORK, NY – Toshiba America, Inc., today announced the appointment of Mr. Ryuji Maruyama as the new Chairman & CEO, effective August 1, 2021. In addition, effective July 1, 2021, Mr. Maruyama became a Corporate Officer, Corporate Representative – the Americas for Toshiba Corporation and will be responsible for expanding Toshiba’s presence throughout the Americas. He will have regional responsibility for business development, government and industry relations, and group governance, risk management and compliance.

Mr. Maruyama succeeds Ms. Ayumi Wada, who will return to Tokyo to assume the role of Corporate Officer, Corporate Vice President, and Assistant to Executive Officer for Internal Audit Division, Audit Committee Office, Toshiba Corporation. Her appointment will take effect from July 1, 2021.

“Toshiba recognizes the importance of the digital innovations taking place in the United States and the business opportunities throughout the greater Americas markets,” said Mr. Maruyama. “We will continue to harness and build on our traditional strengths in energy, social infrastructure, and electronic devices, while expanding our footprint in the areas of digital transformation and industrial IoT solutions. The continued push towards de-carbonization will offer Toshiba many opportunities to provide cleaner forms of power generation, transmission and efficient energy management through our digital capabilities. With a robust pipeline of breakthrough technologies in the areas of quantum communications, simulated bifurcation machines, and advanced battery technology, we have the ability to tap into new growth areas.”

Mr. Maruyama began his career with Toshiba Corporation in 1988. With more than 30 years of experience in corporate planning, business strategy development & implementation, and especially leadership roles in the Social Infrastructure and Energy business fields, Mr. Maruyama has an astute understanding of Toshiba’s core businesses and its operations. Before assuming his current role, Mr. Maruyama served as the Corporate Representative – Asia Pacific of Toshiba Corporation, and the Managing Director of Toshiba Asia Pacific Pte. Ltd. Prior to that he was instrumental in developing initiatives to steer Toshiba towards becoming a cyber-physical systems (CPS) technology company as the Deputy General Manager of the Digital Transformation Strategy Acceleration Division.

Mr. Maruyama graduated from the Faculty of Political Science and Economics at Waseda University with a B.A in Political Science.

About Toshiba America, Inc.

Founded in 1965, Toshiba America, Inc. (TAI) is a subsidiary of Tokyo-based Toshiba Corporation and the holding company of four Toshiba operating companies that offer a broad range of products and solutions for the residential, commercial and industrial sectors. The four companies, which along with TAI are known collectively as Toshiba America Group, are Toshiba America Electronic Components, Inc. (Semiconductor solutions), Toshiba America Energy Systems, Corp. (Power generation solutions), Toshiba International Corporation (Industrial, power electronics & transmission & distribution solutions) and Toshiba America Research, Inc. (R&D).

SOURCE Toshiba

Toshiba Announces CEO Succession