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Former U.S. Ambassador throws assist behind embattled Toshiba board chair By Reuters 


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© Reuters. FILE PHOTO: The brand of Toshiba Corp. is seen on the firm’s facility in Kawasaki, Japan February 13, 2017. REUTERS/Issei Kato

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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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