✉news BusinessFinance first seen 4 h ago, last 4 h ago, peak #33
Nidec's Third-Largest Shareholder Urged Kishida to Stay as CEO
Original: Nidec’s No. 3 Shareholder Pushed for Kishida to Remain as CEO
One of Nidec's largest shareholders pushed for Motomichi Kishida to remain as chief executive of the Japanese motor maker. The intervention comes amid pressure over Nidec's leadership and governance following accounting problems, with investors weighing who should steer the company through its restructuring.
Why now: Investor pressure on Nidec's leadership has become a live governance issue for the company.
Evidence
- Nidec’s No. 3 Shareholder Pushed for Kishida to Remain as CEO · Bloomberg.com
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