22-06-2016, 03:59 PM
Successor is hard to arrange, even with big dollars...
SoftBank investors shrug off abrupt exit of heir apparent Arora
22 Jun 2016 11:29
[TOKYO] SoftBank Group investors shrugged off on Wednesday the surprise departure of the heir apparent at the Japanese internet and telecoms conglomerate, welcoming founder Masayoshi Son's decision to stay in the top seat for longer.
Nikesh Arora, a former Google executive, joined Softbank in 2014 and was named as the next chief executive by Mr Son last year. He invested heavily in SoftBank stock last year.
...
REUTERS
Source: Business Times Breaking News
SoftBank investors shrug off abrupt exit of heir apparent Arora
22 Jun 2016 11:29
[TOKYO] SoftBank Group investors shrugged off on Wednesday the surprise departure of the heir apparent at the Japanese internet and telecoms conglomerate, welcoming founder Masayoshi Son's decision to stay in the top seat for longer.
Nikesh Arora, a former Google executive, joined Softbank in 2014 and was named as the next chief executive by Mr Son last year. He invested heavily in SoftBank stock last year.
...
REUTERS
Source: Business Times Breaking News