Mark Matthews announces he is leaving Toshiba after 20 years of working for the company.
Industry Analysts reports on the exit of Matthews from Toshiba America Business Solutions, Inc. (TABS) after working for the company since 1993; with Noboru Sawada acting as interim CEO for the company until a replacement is announced.
During Matthews’ role as President and CEO, the company experienced significant growth in its managed document services (MDS) business; as well as becoming the first manufacturer to partner with Close the Loop Inc., which recycles imaging consumables “regardless of manufacturer”. It has also been awarded several industry accolades including the Business Technology Association’s “Channel’s Choice” award for Superior Performance and Marketing Research Consultant’s “First in Class” awards.
At the time of Matthews’ departure from TABS, the company has seen recent revenue growth and increased profitability at the end of the financial year in 2012, a year of double digit growth for its MPS and professional services business during 2012 and this year intends to launch a new generation of A4 and high speed colour products.