© Reuters. FILE PHOTO: The logo of Toshiba Corp. is seen at the company’s facility in Kawasaki, Japan February 13, 2017. REUTERS/Issei Kato
TOKYO (Reuters) – Former U.S. Ambassador to Japan John Roos on Saturday endorsed the continued leadership of Toshiba (OTC:) 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 (NYSE:) 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.
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