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Toshiba President & CEO Departs Company

7 May, 2013

Irvine, CA - May 2012 - Toshiba America Business Solutions, Inc. has announced to their  employees and business partners, and the office industry at large, that Mark Mathews, President and CEO of Toshiba America Business Solutions, Inc. (TABS) has announced that after 20 years of service with the company, he is leaving Toshiba, effective as of May 3, 2013.  Until Mathews’ replacement is announced, Noboru Sawada will be the interterm CEO.
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
 ■F12 marks another year of double digit growth in the MPS and professional services business.
Mathews noted that he is leaving “TABS knowing the organization is in solid shape and on a trajectory of continued success.”
With the company since 1993, Mathews served in various management roles within EID prior to his current position. Having more than 20 years experience in the industry, Mathews provides expertise on industry trends such as document management, output optimization, data and device security, and the integration of sophisticated software solutions for improving business workflow and productivity.
Under his direction, the company has experienced extraordinary growth in its managed document services (MDS) business, and has consistently won industry accolades such as the Business Technology Association’s (BTA) “Channel’s Choice” award for Superior Performance, and Marketing Research Consultant’s “First in Class” awards.
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. Both in business and in personal communication, Matthews was the consummate professional and his effective, straightforward management style will be missed by many industry professionals who directly dealt with, or where effected by, his keen insight and business decisions.  

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