Michael Woodford had been working for Olympus for thirty years and suddenly was fired to the outside world. Currently Olympus's stock market is also affected by the incident, the drop is very large, and even reached 24%. As for the sudden dismissal of the CEO, according to Kikuyuki Kikuchi, chairman of Olympus, it is because of the conflict between Michael Woodford's management style and other top executives.
Is this reason really the reason why Michael Woodford was dismissed? Or is there another insider? These are currently unknown. However, Woodford himself revealed the real reason why he was fired. He said that he was involved in investigating the company’s acquisition of nearly three billion Japanese companies in nearly $800 million from 2006 to 2008.
Olympus was reported to have purchased Humalabo Corp, a manufacturer of creams and nutritional supplements from 2006 to 2008. Medical waste recycling company AltisCo. And NewsChefInc, which produces microwaveable food packaging. . Woodford thinks that these acquisitions have too high purchase prices and consulting fees, have an impact on the company's finances, and hired an external audit firm PricewaterhouseCoopers to investigate the three acquisitions.
However, an Olympus spokesperson did not agree with Woodford's claim that all the mergers and acquisitions were conducted using a reasonable audit and were completed in a reasonable process. There was no problem. Regardless of the truth of the incident, Olympus was caught up in the storm and the stock price has been falling. Suddenly dismissing the CEO, the unclear direction of management has brought negative impact on Olympus, but also affected the direction of its stock market.
This category is a range of tarp tents, our products are of high quality, easy to carry, available in a variety of sizes,
and adjustable in structure to provide you with a great experience.
The main purpose of a tarp tent is to protect you from the sun and is mostly used in summer when camping and raining.
For example, if you are playing on the beach on a hot summer day, a tarp tent can help protect you from the
strong sunlight, and can also be set up on top of a Camping Tent in the event of rain or snow. There are many
different types of tents, such as canopies and car-side tents (set up with a car as a carrier).
We provide product pictures and basic parameters of each tarp tent and high-qualitytarp tents;
look forward to your cooperation!
ultralight tarp tent,tarp tents for camping,canvas tarp tent,waterproof tent tarp,tarp tent shelter
Ningbo Autrends International Trade Co., Ltd. , https://www.autrendstents.com