Olympus CEO resigns over alleged illegal drugs purchase …C0NTINUE READING HERE >>>
Olympus shares plunged six percent in morning trade.
Photo: YOSHIKAZU TSUNO / AFP
Source: AFP
The German CEO of major Japanese optical equipment manufacturer Olympus has stepped down after allegedly buying illegal drugs, the company said on Monday.
Stefan Kaufmann became chief executive officer in April 2023, having served as a board member since 2019. He first joined the European arm of Olympus in 2003.
Olympus shares plunged six percent in morning trade as the company apologised in a statement “for the concern this has caused to our shareholders, customers and all stakeholders”.
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