The Nominating Committee received a submission from. Nishida recommending Sasaki as his successor, and undertook a comprehensive assessment of Sasaki’s record, achievements and personal qualities, and the reasons provided by Nishida for his recommendation. The Committee then decided to nominate Sasaki as a candidate for election as Toshiba’s next president and CEO. Concurrent with the election of the new president and CEO, Nishida will become Chairman of the Board of Toshiba Corporation in late June. The current Chairman, Tadashi Okamura, will become an Advisor to the Board.