Olympus says CEO steps down after allegations of illegal drug purchase

Reuters
2024.10.28 01:31
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Olympus Corp's CEO, Stefan Kaufmann, has resigned following allegations of illegal drug purchases. The company conducted an investigation in consultation with legal counsel, leading the Board of Directors to conclude that Kaufmann's actions violated the company's code of conduct and core values. Yasuo Takeuchi, a director and representative executive officer, will temporarily assume the CEO responsibilities.