The Toshiba director has resigned warning of greater instability in the company
Toshiba shareholders have extended “instability and uncertainty” confused conglomerate with them shock vote to remove the chairman of the company’s board, the director saw that he had no choice but to resign after the investor uprising last Friday.
In an exclusive statement to the Financial Times following his sudden resignation on Friday, George Olcott expressed doubts about the vote to throw Osamu Nagayama – He described the man as one of the few leading Japanese companies capable of overseeing a turn on the scale now required by Toshiba.
Toshiba Director Resigns After Former Chairman Leaves
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Toshiba CEO Tsunakawa replaces ousted board chairman
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TOKYO/PARIS (Reuters) -A Toshiba Corp unit said it was hacked by the DarkSide ransomware group, overshadowing an announcement of a strategic review for the Japanese conglomerate under pressure from activist shareholders to seek out suitors.
Toshiba Tec Corp, which makes products such as bar code printers and is valued at $2.3 billion, was hacked by DarkSide - the group widely believed to be behind the recent Colonial Pipeline attack, its French subsidiary said.
It added, however, that only a minimal amount of work data had been lost.
“There are around 30 groups within DarkSide that are attempting to hack companies all the time, and they succeeded this time with Toshiba,” said Takashi Yoshikawa, a senior malware analyst at Mitsui Bussan Secure Directions.