Fumio Otani Appointed Chairman of the Board of Toshiba America Energy Systems Corporation

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Friday, March 10, 2017 12:58 pm EST

Dateline:

CHARLOTTE, N.C.
"I’m excited to work with the many talented individuals at TAES to help drive continued success in its mission, which includes increasing Toshiba’s market share in traditional thermal and hydro power generation, and to achieve the vision of making Toshiba the premier energy technology and services company"

CHARLOTTE, N.C.--(BUSINESS WIRE)--Mr. Fumio Otani has been appointed Chairman of the Board with authority to act as interim president and CEO of Toshiba America Energy Systems Corporation (TAES). Mr. Otani also serves as the Chairman and CEO of Toshiba America Inc., a wholly-owned subsidiary of Toshiba Corporation and sole shareholder of TAES, and as Toshiba Corporation’s Corporate Representative for the Americas.

“I’m excited to work with the many talented individuals at TAES to help drive continued success in its mission, which includes increasing Toshiba’s market share in traditional thermal and hydro power generation, and to achieve the vision of making Toshiba the premier energy technology and services company,” said Mr. Otani.

Mr. Otani joined Toshiba in 1981 and has spent most of his distinguished career in Toshiba’s power systems business operations, taking on various assignments of increasing responsibility and helping to further Toshiba’s thermal & hydro power plant business in overseas markets.

Mr. Otani is a graduate of Tokyo Metropolitan University, where he majored in Mechanical Engineering, and he also completed the Advanced Management Program at Harvard Business School.

About Toshiba America Energy Systems Corporation

Toshiba America Energy Systems Corporation (TAES) is a fully integrated provider of turbine/generator equipment and services for the power generation industry in the Americas, including thermal, hydro and nuclear power plants. TAES was formed in 2015 through the integration of several legacy Toshiba businesses and is headquartered in Charlotte, North Carolina. Part of the Energy Systems & Solutions Company within Toshiba Corporation, TAES takes pride in being a technology leader, providing cost-effective, timely and sustainable solutions that address current and future power generation needs. For more information please visit http://www.toshiba.com/taes.

Contact:

Toshiba America Energy Systems Corporation
Trista Schlick, 704-548-7923
trista.schlick@toshiba.com

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