DPG is a comprehensive underwater photography website and community for underwater photographers. Learn underwater photography techniques for popular digital cameras and specialized professional underwater equipment (wide angle, macro, super macro, lighting and work flow). Read latest news, explore travel destinations for underwater photography. Galleries of professional and amateur underwater photography including wrecks, coral reefs, undersea creatures, fashion and surfing photography.
Flickr
Twitter
Facebook
Also connect with us on......
RSS Feeds
DPG Widgets

Olympus Trying to Keep Head Above Water

By Joseph Tepper, December 1, 2011 @ 07:59 PM (EST)

A few weeks ago, DPG reported about the massive fall taken by Olympus after it was announced that senior members had been hiding company loses. Today, former CEO Michael Woodford left the board of directors officially and called a shareholder meeting to remove the rest of the board.

Since becoming the whistleblower on the company’s biggest scandal, Woodford watched as Olympus’ stock fell nearly 90 percent.

"I think it would be very wise for the company to call a shareholder meeting quite quickly," said Jamie Allen, secretary general of the Hong Kong-based Asian Corporate Governance Association. "Clearly, there's a lot of tension between the management and the shareholders and I don't think it's healthy if this continues for another seven months until their AGM in June."

For more information on this ongoing story, check out the original Reuters article.

Comments
Be the first to add a comment to this article.
You must be logged in to comment.
Related Content
Sponsors










What's New
Our Partners
UWP Mag
Underwater Australia
ScubaPortal.net
DEMA
Xray
Plongeur.com
Underwater Journal
Wetpixel-Partner
PADI
DiveNewsWire
ScubaDiver
DigiDeep
About Us  |  Contact Us  |  Advertise
Proud Member of the Underwater Network