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

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FILE PHOTO: The logo of Toshiba Corp. is seen at the company's facility in Kawasaki, Japan
FILE PHOTO: The logo of Toshiba Corp. is seen at the company’s facility in Kawasaki, Japan February 13, 2017. REUTERS/Issei Kato

June 19, 2021

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)

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