Under shareholder pressure, Toshiba board chairman vows to be 'agent of positive change'

Toshiba Corp Board Chairman Osamu Nagayama on Friday pledged to be "an agent of positive change, not a protector of the status quo," in a letter to shareholders ahead of the conglomerate's annual general meeting next week. "As the chairperson my priority is to provide Toshiba with the governance and leadership that you deserve," he said. Shareholders have called on Nagayama to resign since an explosive independent investigation found that Toshiba colluded with the Japanese government to block foreign shareholders from having influence on the board.



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