Olympus (JP:7733) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Olympus Corporation’s CEO, Stefan Kaufmann, has resigned following allegations of illegal drug purchases, leading to an investigation and a unanimous board decision citing behavior inconsistent with company values. Yasuo Takeuchi will temporarily assume CEO duties while the board seeks a successor. Olympus extends its apologies to stakeholders for the situation.
For further insights into JP:7733 stock, check out TipRanks’ Stock Analysis page.