Tamron CEO resigns over alleged use of firm funds as private piggy financial institution

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Tamron President & CEO, Shiro Ajisaka has resigned from the corporate amidst investigations over utilizing firm cash for private acquire. It was first reported by Asobinet, which described it as a “misappropriation of bills”.

Briefly, he was alleged to be passing off private bills as enterprise bills. This was revealed by a whistleblower on the firm, prompting an investigation. This investigation revealed it had been occurring for not less than 5 years.

A Google-translated copy of the entire announcement is under, declaring that Mr Ajisaka has resigned and that Shogo Sakuraba will take his place as president and CEO. However right here’s a short abstract of the highlights.

Evidently he’d taken a lady out to dinner on July ninth 2023 and billed his private time to firm bills. A whistleblower introduced this to the eye of the corporate, who promptly began an investigation.

The investigation revealed that Mr Ajisaka had been doing this “a number of instances a month for not less than the final 5 years” (Google-translated quote). In consequence, Mr Ajisaka requested to resign, and the corporate accepted.

If you wish to see the unique announcement, it’s out there right here on the Tamron web site.

The investigation continues to be ongoing, and Tamron says they’ll totally comply and cooperate with it. Additionally they say that any new revelations uncovered throughout the investigation can even be publicly introduced.

Mr Ajisaka’s resignation has prompted the corporate to pick a brand new President and CEO. They’ve chosen Tamron veteran Shogo Sakuraba, who joined the corporate in 1981. He was promoted to his first govt place in 2005 as Normal Supervisor of Optical Growth. He has been Government Vice President since 2016.

[via Asobinet]

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