Boardroom Battle at Bathroom Company Ends With Ex-CEO’s Return

  • 📰 WSJ
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 63%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Activist shareholders help ousted CEO of Japan’s Lixil Group achieve a rare comeback

TOKYO—In a rare corporate comeback, the ousted chief executive of Lixil Group Corp. recovered his job at the Japanese bath and kitchen company with the support of some foreign activist shareholders.

Kinya Seto returned on Tuesday to Lixil’s helm, eight months after losing his job in a clash with then-Chairman Yoichiro Ushioda, who has now himself lost all his company positions.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

wish activist investors can oust J Powell

Singapore Singapore Latest News, Singapore Singapore Headlines