Sharp Corp named the head of its global operations as president to turn around a company facing a record annual loss, the latest Japanese firm to shake up management after tumbling into the red on slumping TV sales.
Takashi Okuda, 58, a company veteran of over 30 years, immediately pledged to revamp the company after he takes the helm on April 1. He will replace Mikio Katayama, who becomes chairman. (Reuters)
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