Toshiba announced today that Mr. Ali Azad has been appointed the first
President and CEO of Toshiba America Energy Systems Corporation (TAES)
where he will be responsible for overseeing the establishment and
operation of the new company. TAES will begin operations on April 1,
2015 and employ about 500 people.
Azad’s experience encompasses senior leadership positions in both
domestic and international settings with significant responsibilities
and achievements in areas of strategic growth, marketing and business
development. Azad will be located in the new company’s headquarters in
Charlotte, NC.
“Ali Azad brings to Toshiba tremendous business experience, industry
knowledge and strategic vision,” said Mr. Shigenori Shiga, Corporate
Executive Vice President of Toshiba Corporation and President and CEO of
Toshiba’s Power Systems Company. “We anticipate his excellent leadership
will ensure a strong start and accelerated growth for TAES. Toshiba is
extremely pleased to welcome Ali to Toshiba as the first President and
CEO of the new company.”
Toshiba previously announced the formation of TAES, a new U.S.-based
company that integrates the strengths of three existing businesses:
Toshiba International Corporation’s (TIC) thermal and hydro power
business, Toshiba America Nuclear Energy Corporation’s (TANE) steam
turbine and generator (STG) business for nuclear power systems, and
Westinghouse Electric Company’s (WEC) STG business for nuclear power
systems. Contacts for sales and services will be unified at TAES to
offer customers a broad range of one-stop solutions. The new company
will combine the resources and capabilities developed by TIC, TANE and
WEC to capture synergies that will reinforce the STG business for new
power plants and the service and maintenance business for existing
plants, including units supplied by other companies.
Before joining Toshiba, Azad was President of BHI Energy and directed
the company’s overall growth strategy, business development, mergers and
acquisitions and joint ventures. In addition, he was also responsible
for the operation of several BHI Energy business units.
Azad holds a bachelor’s degree in Mechanical Engineering from Georgia
Institute of Technology and a Master of Business Administration from
Wake Forest University in North Carolina. He currently serves on the
advisory board of the George F. Woodruff School of Mechanical
Engineering and as chairman of the Nuclear Energy Institute’s supplier
advisory board.
About Toshiba America Inc.
Toshiba
Corporation, a Fortune Global 500 company, channels world-class
capabilities in advanced electronic and electrical product and systems
into five strategic business domains: Energy & Infrastructure, Community
Solutions, Healthcare Systems & Services, Electronic Devices &
Components, and Lifestyles Products & Services. Guided by the principles
of The Basic Commitment of the Toshiba Group, “Committed to People,
Committed to the Future”, Toshiba promotes global operations towards
securing “Growth Through Creativity and Innovation”, and is contributing
to the achievement of a world in which people everywhere live in safe,
secure and comfortable society. Founded in Tokyo in 1875, today’s
Toshiba is at the heart of a global network of over 590 consolidated
companies employing over 200,000 people worldwide, with annual sales
surpassing 6.5 trillion yen (US$63 billion).Toshiba
America, Inc. is the holding company for five Toshiba operating
companies in the United States and employs over 20,000 people in North
America.
Toshiba’s North-America based companies and some of their chief products
are as follows: Toshiba
America Electronic Components, Inc. (Semiconductors, Flash
Memory-Based Storage Solutions, LCD, custom chips, and Hard Disk
Drives); Toshiba
America Information Systems, Inc. (Tablets, Laptop Computers,
Telephony Products, Flat Panel LCD TVs, and portable products); Toshiba
America Business Solutions, Inc. (Copiers, Facsimiles, Printers and
Digital Signage); Toshiba
International Corporation (Motors, Motor Controls, Power
Electronics, Power Generation Equipment, Automation); Toshiba
America Medical Systems, Inc. (Computed Tomography, Magnetic
Resonance, X-ray and Ultrasound); and Toshiba
America Nuclear Energy Corporation (Advanced Boiling Water Nuclear
Reactors).
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