Head of Japan’s Lixil bows to investor pressure in boardroom drama
Japanese toilet maker Lixil Group’s CEO is to resign next month, marking a rare victory for activist minority shareholders who had demanded that he step down.
Name: Yoichiro Ushioda
Continent: Asia
Country: Japan
Company: Lixil Group Corporation
Position: CEO
Reason: Resigned
Announcement Date: April 17, 2019, 10:00pm
Resignation Date: April 17, 2019, 10:00pm
Source 1: https://www.reuters.com/article/lixil-group-shareholders-idUSL3N2202UL