Japan's Toshiba wins approval for board, despite controversy

Japan's Toshiba wins approval for board, despite controversy

3 years ago
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https://apnews.com/05f698c0260fd27267db81476715a862

TOKYO (AP) — Battered Japanese nuclear and electronics giant Toshiba Corp. faced off with shareholders Friday, seeking to shake off serious questions about governance at the once revered brand.

After a meeting lasting nearly three hours, Tokyo-based Toshiba won shareholder approval for its 11 representative directors. The company had removed two nominations in a last-minute move to placate disgruntled stockholders.