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Important meetings for ex-head
Source: Agencies |
December 13, 2011, Tuesday
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Print Edition
Print Edition
OLYMPUS Corp's ousted CEO Michael Woodford will on Thursday meet a panel of lawmakers from Japan's ruling Democratic Party looking at ways to tighten corporate governance after an accounting scandal at the endoscope maker, a source familiar with the plan told Reuters.
Woodford may also meet lawmakers from the opposition Liberal Democratic Party of Japan, the source said yesterday on condition he wasn't identified
Woodford, who will arrive in Japan this evening and leave on Friday morning, plans to meet investors and candidates for directors as part of his bid to remove the board of the company.
His visit comes as Olympus may release its earnings before tomorrow's deadline in order to avoid being delisted.
Woodford may also meet lawmakers from the opposition Liberal Democratic Party of Japan, the source said yesterday on condition he wasn't identified
Woodford, who will arrive in Japan this evening and leave on Friday morning, plans to meet investors and candidates for directors as part of his bid to remove the board of the company.
His visit comes as Olympus may release its earnings before tomorrow's deadline in order to avoid being delisted.
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