Last summer, Tsuyoshi Kikukawa, the CEO of Olympus Corp., instructed the firm’s executives to keep then-President Michael C. Woodford from finding out about a magazine article that exposed the company’s dubious transactions, a newly published book by Woodford reveals.
His Japanese-language book, “Kainin” (“Terminated”), by Hayakawa Publishing Corp., is scheduled to go on sale Thursday. It describes in detail Woodford’s battle with the camera and medical equipment maker’s charismatic and unchallenged CEO and his board of “yes men.”
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