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Olympus CEO Resigns Amid Allegations

Olympus CEO Resigns Amid Allegations

Olympus (JP:7733) has released an update.

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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.

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