Olympus Corp CEO Stefan Kaufmann resigns following drug purchase allegations and stock drop.

Olympus Corp announced the resignation of CEO Stefan Kaufmann after allegations of purchasing illegal drugs, leading to a significant drop in the company's shares. An investigation by the board concluded that Kaufmann's actions violated their global code of conduct. Yasuo Takeuchi, a former executive, has been appointed as interim CEO during this transition.

October 28, 2024
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