Toshiba chairman may leave after revamping board, appointing new CEO: report
By Reuters
June 17, 2021
The chairman of Toshiba Corp, facing calls to resign amid a corporate governance scandal, said he may step down after revamping its board and appointing a new CEO, according to the Wall Street Journal.
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Osamu Nagayama apologised at a news conference on Monday and said there were lapses in governance.
The shake-up follows an investigation that found the company had colluded with the government to pressure foreign investors.