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Former U.S. Ambassador throws support behind embattled Toshiba board chair

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TOKYO (Reuters) – Former U.S. Ambassador to Japan John Roos on Saturday endorsed the continued leadership of Toshiba Corp Board Chairman Osamu Nagayama, who has come under intense pressure to resign amid a deepening crisis at the Japanese conglomerate.

Both Nagayama and Roos served as independent directors at Sony Group Corp’s board when the electronic giant emerged from a turbulent earnings period to a sharp recovery.

“I am convinced Toshiba’s shareholders will benefit from him continuing to provide his steady hand and strong leadership,” Roos said in the statement.

(Reporting by Makiko Yamazaki; Editing by Shri Navaratnam)

Image Credit: Reuters

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Source: https://datafloq.com/read/former-us-ambassador-throws-support-behind-embattled-toshiba-board-chair/15609

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