Tepco Picks 36-Year Company Insider to Fix Culture of Compli

Tepco Picks 36-Year Company Insider to Fix Culture of Compli

Haruyoshi Yamaguchi/Bloomberg

Toshio Nishizawa, managing director of Tokyo Electric Power Co. (Tepco), speaks during a news conference at the company's headquarters in Tokyo, Japan, on Friday, May 20, 2011. Tepco President Masataka Shimizu was forced to resign as the Fukushima nuclear crisis triggered a loss of 1.25 trillion yen ($15 billion), the biggest for a non-financial Japanese company.