TOKYO, April 5 Westinghouse Electric Co replaced
its chairman two days before the U.S. nuclear construction unit
of Japan's Toshiba Corp filed for bankruptcy last week,
as it tries to draw a line under the travails of a business that
has cost it billions.
Toshiba's spokesman said Westinghouse chairman Danny
Roderick was replaced by Mamoru Hatazawa, chief of Toshiba's
nuclear division, on March 27. Hatazawa's role would be
temporary, until a new management comes in, he added.
Roderick, the driving force behind Toshiba's nuclear
ambition, joined Pittsburgh-based Westinghouse as chief
executive in September 2012 from a nuclear joint venture between
General Electric and Hitachi Ltd.
In an interview with Reuters in 2015, Roderick said he was
"pretty confident" in achieving Westinghouse's goal of winning
orders to construct 64 reactors worldwide over the next 15
But billions of dollars of cost overruns at four nuclear
reactors under construction in the U.S. Southeast pushed
Westinghouse into bankruptcy and resulted in a net loss of $9
billion at Toshiba.
(Reporting by Makiko Yamazaki)