Taro Shimada leads all things production with On Road and has been carrying out qualitative research projects with brands such as Nike, Google, Wieden+Kennedy, and Jordan for the last seven years.

says Taro Shimada, CEO of Toshiba, in Tokyo, Japan. Tech giants Google and IBM, alongside a raft of start-ups, are all promising to roll out rudimentary quantum computers within the next few years.

Tsunakawa will be replaced by Taro Shimada, an executive officer and corporate senior vice president, under a decision made at a Toshiba board meeting Tuesday, the Tokyo-based company said.

Tsunakawa recently announced his resignation, though he remained as chairman. Taro Shimada, an executive officer and corporate senior vice president, was tapped as president in an interim move.

The company "will now take a major step toward a new future with a new shareholder," Toshiba's president and chief executive officer, Taro Shimada, said in a statement. Toshiba's shares started ...