TOKYO -- Japan's Olympus is accelerating reform of its much-criticized governance with its first shake-up of top leadership in seven years, which includes the unusual move of welcoming a foreign activist investor to its board.
Companies
Olympus names activist investor to board to boost reforms
Scandal-plagued company takes rare step under a leadership reshuffle
Facing pressure from American activist investor ValueAct, Olympus decided to invite one of its partners to the company's board as part of a governance reform push. © Photo by Toru Hatano
Read Next
Latest on Companies
