Memory Maker Kioxia Names New CEO to Navigate AI Chip Boom

Bloomberg Japanese flash memory maker Kioxia Holdings Corp. is promoting Executive Vice President Hiroo Oota to chief executive officer and president in a move aimed at expanding its presence in the booming memory chip market. Oota, 63, will succeed Nobuo Hayasaka, 70, who will become a senior executive adviser. The leadership change will take effect following shareholder approval at the company’s annual meeting scheduled for June, the Apple Inc. supplier said in a statement Thursday. Most Read from Bl ...