OPTIMISM: The ousted chief of Olympus is confident about making a comeback at the Japanese camera maker under investigation for hiding investment losses for years.
HIS STRATEGY: Former CEO Michael Woodford says he’s lining up shareholder support and talking to other “influential people” for his return to the company. He says he has enough support to call a general shareholders’ meeting ? a key move for managerial change.
WHISTLEBLOWING: The deception at Olympus, dating back to the 1990s, to hide $1.5 billion in investment losses became known only when Woodford blew the whistle. Woodford was fired after confronting Olympus directors.