Tokyo Electric Power Co. said Monday that President Nobuya Minami and Chairman Hiroshi Araki will resign over reported coverups of damage at the utility's nuclear power plants.

Minami will resign by mid-October, but Araki will leave at the end of the month.

Tepco advisers Gaishi Hiraiwa, 88, and Sho Nasu, 77, as well as 63-year-old Vice President Sadaaki Enomoto, will also step down at the end of the month, he said.