Stefan Kaufmann, CEO of Olympus, has resigned after allegations of purchasing illegal drugs, causing the company's shares to drop 6%.
The board, upon confirming inappropriate conduct, decided Käufmann's actions were inconsistent with Olympus' global code of conduct, leading to his resignation.
Olympus has shifted focus from its long-standing camera division to medical equipment since 2020, successfully commanding a major share of the endoscope market.
While Olympus searches for a new CEO, Yasuo Takeuchi will temporarily assume the CEO position as the company evaluates its options.
Collection
[
|
...
]