Former U.S. Ambassador throws assist behind embattled Toshiba board chair By Reuters
© Reuters. FILE PHOTO: The brand of Toshiba Corp. is seen on the firm’s facility in Kawasaki, Japan February 13, 2017. REUTERS/Issei Kato
TOKYO (Reuters) – Former U.S. Ambassador to Japan John Roos on Saturday endorsed the continued management of Toshiba (OTC:) Corp Board Chairman Osamu Nagayama, who has come underneath intense stress to resign amid a deepening disaster on the Japanese conglomerate.
Each Nagayama and Roos served as impartial administrators at Sony (NYSE:) Group Corp’s board when the digital large emerged from a turbulent earnings interval to a pointy restoration.
“I’m satisfied Toshiba’s shareholders will profit from him persevering with to supply his regular hand and powerful management,” Roos mentioned within the assertion.
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