Mark Mathews, Toshiba President and CEO Moves On

Mark Mathews, President and CEO of Toshiba America Business Solutions, Inc. (TABS) had announced that after 20 years of service with the company, he was leaving Toshiba, effective May 3, 2013. Until Mathews’ replacement is announced, Noboru Sawada will be the interim CEO.
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Mathews is leaving Toshiba on a bit of a highlight, citing the following:

 

  • TABS finished FY12 with revenue growth and increased profitability
  • TABS’ dealer sales finished FY12 up dramatically versus the previous year
  • This summer, TABS is launching a new generation of A4 products, high speed color and digital signage products
  • FY12 marks another year of double-digit growth in the MPS and professional services business

 

Mathews noted that he was leaving “TABS knowing “the organization is in solid shape and on a trajectory of continued success.”Mathews has also been a large proponent of the company’s green initiatives by being the first manufacturer to partner with Close the Loop Inc., a world-class recycler of imaging consumables. Mathews recently expanded the program to accept any spent imaging consumables, regardless of manufacturer, and the program has since experienced phenomenal growth.On a personal note, I have known Mark for many years and have met with him as recently as last month at Toshiba’s HQ in Irvine, CA. Mark has always been great to sit down with and I have always enjoyed the casual manner and our relaxed meetings. He’s been a class act and a true professional and I will miss him at the Toshiba meetings. We here at IA, Inc. and ENX Magazine wish him well on his future endeavors.
Andy Slawetsky
About the Author
Andy Slawetsky is President of Industry analysts, Inc. Visit www.industryanalysts.com for more info.