Atsutoshi_Nishida

Atsutoshi Nishida

Atsutoshi Nishida

Japanese business executive (1943–2017)


Atsutoshi Nishida (西田 厚聰, Nishida Atsutoshi, 29 December 1943 – 8 December 2017) was a Japanese business executive.

Quick Facts Born, Died ...

Early life

Born on 29 December 1943 in Mie Prefecture, Nishida earned a bachelor's degree from Waseda University and completed graduate work at the University of Tokyo.[1][2] He married an Iranian woman shortly after concluding his studies in 1970.[3]

Career

Nishida was still based in Iran when he was first hired by Toshiba in 1975.[3][4] Nishida pushed Toshiba to invest in and develop laptop computers in the 1980s,[3][5] and by 1984 was named a general manager, responsible for personal computer sales at Toshiba Europe.[2] The next year, Nishida's efforts resulted in the release of the Toshiba T1100.[6] Nishida later returned to Japan and assumed increasing responsibility over Toshiba's laptop division.[2]

Nishida was named president of Toshiba America Information Systems in April 1992,[7] and left the post in 1995, only to return in 1997.[8] During the early 2000s, he continued to take on senior management roles.[9] Nishida became president of the company in 2005.[3] During his tenure, Toshiba acquired the Westinghouse Electric Corporation in 2006 for US$5.4 billion and ended the development of the HD DVD in 2008.[10][11] Nishida was succeeded by Norio Sasaki as president of Toshiba in 2009. Nishida became company chairman, a role he held until 2013.[4]

In 2015, an investigation was launched into profit inflation that took place under company presidents Nishida, Sasaki and Hisao Tanaka.[3][4] After the probe's findings were reported, Nishida left his position as adviser to the company.[12] Subsequently, Toshiba sued Nishida, Sasaki, and Tanaka for US$28.2 million.[13]

Death

Nishida died of a heart attack at Toshiba General Hospital in Tokyo on 8 December 2017, aged 73.[14]


References

  1. 1000 CEOs. Dorling Kindersley/Penguin Group. 2009. p. 222. ISBN 9780756670573.
  2. Jackson, Dallas M. (28 April 1992). "Close-Up: Atsutoshi Nishida". Los Angeles Times. Retrieved 10 December 2017.
  3. Layne, Nathan; Ando, Ritsuko (24 August 2015). "In Toshiba scandal, the 'tough as nails' target setter". Reuters. Retrieved 10 December 2017.
  4. Landers, Peter; Mochizuki, Takashi (9 December 2017). "Former Toshiba President Atsutoshi Nishida Dies at 73". Wall Street Journal. Retrieved 10 December 2017.
  5. Zarley, Craig (9 December 2005). "Atsutoshi Nishida, President and CEO, Toshiba". CRN. Retrieved 10 December 2017.
  6. Horwitz, Josh (26 April 2017). "It took Toshiba 70 years to reach its peak—and just a decade to fall into an abyss". Quartz. Retrieved 10 December 2017.
  7. Takahashi, Dean (28 April 1992). "Toshiba's U.S. Subsidiary Has New President". Los Angeles Times. Retrieved 10 December 2017.
  8. "Ex-President Resumes Post at Toshiba". Los Angeles Times. 21 June 1997. Retrieved 10 December 2017.
  9. "Atsutoshi Nishida" (Press release). Toshiba. February 2005. Retrieved 10 December 2017.
  10. Sekiguchi, Waichi (23 February 2017). "Toshiba's Westinghouse mess points to deep cultural problems". Nikkei Asian Review. Retrieved 10 December 2017.
  11. Kane, Yukari Iwatani (3 March 2008). "Toshiba's Plan for Life After HD DVD". Wall Street Journal. Retrieved 10 December 2017.
  12. Mochizuki, Takashi (21 July 2015). "Toshiba CEO Resigns After Accounting Scandal". Wall Street Journal. Retrieved 10 December 2017.
  13. "Ex-Toshiba president Nishida, named in damages suit, dies at 73". Nikkei Asian Review. 10 December 2017. Archived from the original on 10 December 2017. Retrieved 10 December 2017.

Share this article:

This article uses material from the Wikipedia article Atsutoshi_Nishida, and is written by contributors. Text is available under a CC BY-SA 4.0 International License; additional terms may apply. Images, videos and audio are available under their respective licenses.