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International Business Times

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AFP News

Olympus CEO Resigns Over Alleged Illegal Drugs Purchase

Olympus shares plunged six percent in morning trade (Credit: AFP)

The German CEO of major Japanese optical equipment manufacturer Olympus has stepped down after allegedly buying illegal drugs, the company said on Monday.

Stefan Kaufmann became chief executive officer in April 2023, having served as a board member since 2019. He first joined the European arm of Olympus in 2003.

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The GOP billionaire behind the biggest political gift in U.S. history could be sued for allegedly fueling a Chicago rat infestation

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One subscription that gives you access to news from hundreds of sites

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