Obayashi chiefs to resign over officials' involvement in bid rig

Obayashi chiefs to resign over officials' involvement in bid rig

TOKYO, Japan - Takeo Obayashi (file photo), chief executive officer and chairman of Obyayashi Corp., who hails from the contractor's founding family, will step down to take responsibility for the arrest of company officials for alleged bid rigging for a public works project, the company said on June 4. President Norio Wakimura will step down. Toru Shiraishi, 59, senior managing officer, will take over as CEO and president after receiving approval at a shareholders meeting scheduled for June 28. (Kyodo)

  • Product Code
  • ILEA000036300
  • Registered date
  • 2007/6/04 00:00:00
  • Credit
  • Kyodo / Kyodo News Images
  • Media source
  • Media size
  • 552 × 791 pixel
  • Resolution
  • 72 dpi
  • Deployment size
  • 89.47(KB)*
  • Special instruction

*File size when opened in Photoshop, etc.

Similar Images & Videos
    Capital and business alliance with Nippon Life Insurance Rike

    Capital and business alliance with Nippon Life Insurance Rike

    Capital and business alliance with Nippon Life Insurance and Rike. (Photo from left to right: Kazuo Sato, Director and Senior Managing Executive Officer of Nippon Life Insurance Company, Yasuhiko Okamoto, Chairman, President and Group CEO of Rike.=November 14,2024,Tokyo,Japan
      Hyundai Motors India Listing Ceremony In Mumbai

      Hyundai Motors India Listing Ceremony In Mumbai

      Euisun Chung, Executive Chairman of Hyundai and Chief Executive Officer (CEO) of Hyundai Motor Group, rings the bell as Ashishkumar Chauhan, Managing Director and Chief Executive Officer of the National Stock Exchange (NSE) of India, and Jaehoon Chang, Chief Executive Officer (CEO) and President of Hyundai Motor Company, watch during the listing ceremony of Hyundai Motor India Limited at NSE in Mumbai, India, on October 22, 2024. Hyundai Motor India drops 6% in its market debut after the country's biggest IPO, according to a news media report. (Photo by Indranil Aditya/NurPhoto)
        Hyundai Motors India Listing Ceremony In Mumbai

        Hyundai Motors India Listing Ceremony In Mumbai

        Euisun Chung, Executive Chairman of Hyundai and Chief Executive Officer (CEO) of Hyundai Motor Group, rings the bell as Ashishkumar Chauhan, Managing Director and Chief Executive Officer of the National Stock Exchange (NSE) of India, and Jaehoon Chang, Chief Executive Officer (CEO) and President of Hyundai Motor Company, watch during the listing ceremony of Hyundai Motor India Limited at NSE in Mumbai, India, on October 22, 2024. Hyundai Motor India drops 6% in its market debut after the country's biggest IPO, according to a news media report. (Photo by Indranil Aditya/NurPhoto)
          Hyundai Motors India Listing Ceremony In Mumbai

          Hyundai Motors India Listing Ceremony In Mumbai

          Euisun Chung, Executive Chairman of Hyundai and Chief Executive Officer (CEO) of Hyundai Motor Group, rings the bell as Ashishkumar Chauhan, Managing Director and Chief Executive Officer of the National Stock Exchange (NSE) of India, and Jaehoon Chang, Chief Executive Officer (CEO) and President of Hyundai Motor Company, watch during the listing ceremony of Hyundai Motor India Limited at NSE in Mumbai, India, on October 22, 2024. Hyundai Motor India drops 6% in its market debut after the country's biggest IPO, according to a news media report. (Photo by Indranil Aditya/NurPhoto)
            Hyundai Motors India Listing Ceremony In Mumbai

            Hyundai Motors India Listing Ceremony In Mumbai

            Euisun Chung, Executive Chairman of Hyundai and Chief Executive Officer (CEO) of Hyundai Motor Group, rings the bell as Ashishkumar Chauhan, Managing Director and Chief Executive Officer of the National Stock Exchange (NSE) of India, and Jaehoon Chang, Chief Executive Officer (CEO) and President of Hyundai Motor Company, watch during the listing ceremony of Hyundai Motor India Limited at NSE in Mumbai, India, on October 22, 2024. Hyundai Motor India drops 6% in its market debut after the country's biggest IPO, according to a news media report. (Photo by Indranil Aditya/NurPhoto)
              Hyundai Motors India Listing Ceremony In Mumbai

              Hyundai Motors India Listing Ceremony In Mumbai

              Euisun Chung, Executive Chairman of Hyundai and Chief Executive Officer (CEO) of Hyundai Motor Group, rings the bell as Ashishkumar Chauhan, Managing Director and Chief Executive Officer of the National Stock Exchange (NSE) of India, and Jaehoon Chang, Chief Executive Officer (CEO) and President of Hyundai Motor Company, watch during the listing ceremony of Hyundai Motor India Limited at NSE in Mumbai, India, on October 22, 2024. Hyundai Motor India drops 6% in its market debut after the country's biggest IPO, according to a news media report. (Photo by Indranil Aditya/NurPhoto)
                Nokia - General meeting of the shareholders

                Nokia - General meeting of the shareholders

                Pekka Lundmark, President and Chief Executive Officer of Nokia and Sari Baldauf (R), Chair of Nokia Board of Directors attend Finnish network company Nokia general meeting of the shareholders in Helsinki, Finland on April 3, 2024. LEHTIKUVA / JUSSI NUKARI - FINLAND OUT. NO THIRD PARTY SALES. (Credit:Jussi Nukari/Lehtikuva/Kyodo News Images)
                  Nokia - General meeting of the shareholders

                  Nokia - General meeting of the shareholders

                  Pekka Lundmark, President and Chief Executive Officer of Nokia and Sari Baldauf (R), Chair of Nokia Board of Directors attend Finnish network company Nokia general meeting of the shareholders in Helsinki, Finland on April 3, 2024. LEHTIKUVA / JUSSI NUKARI - FINLAND OUT. NO THIRD PARTY SALES. (Credit:Jussi Nukari/Lehtikuva/Kyodo News Images)
                    Former Japan business lobby chairman Sadayuki Sakakibara

                    Former Japan business lobby chairman Sadayuki Sakakibara

                    Undated file photo shows former Japan Business Federation Chairman Sadayuki Sakakibara. Sakakibara is expected to become the chairman of Kansai Electric Power Co. after the company's shareholders' meeting in June 2020. (Kyodo) ==Kyodo
                      President Otsuka of Otsuka Furniture (left) and Chairman Yamada of Yamada Denki shake hands.

                      President Otsuka of Otsuka Furniture (left) and Chairman Yamada of Yamada Denki shake hands.

                      Yamada Electric will acquire 51.74% of Otsuka Furniture's shares for 4.374 billion yen on March 30, following a third-party allocation of new shares by Otsuka Furniture. Kumiko Otsuka, president of Otsuka Furniture, announced that she would continue to serve as president, saying, "It is the responsibility of the management team to accomplish this. He said that the gross profit margin of Otsuka Furniture's products is high, and he expects the company to become profitable if sales increase by 10%. President Otsuka expressed his enthusiasm, saying, "Now that the store shrinkage has run its course, we will increase sales at existing stores. Yamada is strengthening sales of products closely related to home appliances, such as houses, and by making Otsuka Furniture a subsidiary, it will also get furniture. December 12, 2019, photo credit: Nikkan Kogyo Shimbun / Kyodo News Images)