selected
Michael Woodford was dismissed as the CEO of the optics manufacturer Olympus after uncovering internal financial misconduct, escalating the corporate scandal into one of the largest in Japanese business history.
Related Wikipedia articles
Michael Christopher Woodford
English businessman
Michael Christopher Woodford, MBE is an English businessman who was formerly president and COO and CEO of Japan-based optics and reprography products manufacturer Olympus Corporation.Source: Wikipedia (CC BY-SA)
Olympus Corporation
Japanese optics company, founded 1919
Olympus Corporation is a Japanese manufacturer of optics and reprography products, headquartered in Hachioji, Tokyo. Olympus was established in 1919, initially specializing in microscopes and thermometers, and later in imaging. Olympus holds roughly a 70 percent share of the…Source: Wikipedia (CC BY-SA)
Olympus scandal
Tobashi scheme used to distort the profits and debts of Olympus that Michael Woodford exposed
The Olympus scandal was a case of accounting fraud exposed in Japan in 2011 at optical equipment manufacturer Olympus. On 14 October, British-born Michael Christopher Woodford was suddenly ousted as chief executive. He had been company president for six months, and two weeks…Source: Wikipedia (CC BY-SA)