Olympus sticks with expansion despite CEO resigning over drugs

Management stands by its judgement to promote Stefan Kaufmann

20241108 Olympus and CEO

Olympus CEO Stefan Kaufmann resigned suddenly last week over alleged drug use (Nikkei montage/Source photos by Kyodo and Kohtaro Igarashi).

MITSURU OBE, Nikkei Asia chief business news correspondent

TOKYO -- Japan's Olympus said on Friday that it will stick to its business expansion plan following the shock resignation of its CEO, Stefan Kaufmann, last week over his alleged use of illegal drugs.

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