Olympus chief sacked

[socrates]

Brit Michael Woodford told to "catch a bus to the airport". Olympus has sacked its chief executive, Michael Woodford, after only 7 months in the position.
Woodford, who is British, was apparently fired after a "management culture clash" with the mainly Japanese executive team.

Olympus chief sacked | News | TechRadar UK

Olympus chief sacking - update. Shares nosedive 42% since Friday

Olympus chief sacking - update | News | TechRadar UK

[d6bmg]

Marks the lack of stability inside the company.