In a move similar to the ones seen at fellow struggling Japanese electronics giants Sony and Panasonic, Sharp has announced a change at the top, swapping out president Mikio Katayama (kicked upstairs to the position of Director, Chairman) for current executive officer Takashi Okuda. The move will go into effect April 1st, giving him the keys after a fiscal year 2012 to forget comes to an end. According to his biography he's been with the company since 1978, although your guess is as good as ours about what he can do to turn around the company's fortunes -- although getting that 8K Super Hi-Vision LCD into production ASAP would be a great start.

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Sharp executive officer Takashi Okuda to take over as president next month