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2024: Dismissal as Olympus chief after drugs scandal
At the end of October 2024, the CEO of the Japanese optical equipment manufacturer Olympus Stefan Kaufman resigned due to allegations of illegal drugs.
A native of Germany, Stefan Kaufman, 56, was forced to resign from the company following an internal review initiated by the board. As a result, Olympus shares on the Tokyo stock exchange fell more than 5%. The company apologised "for the concern this has caused our shareholders, customers and all concerned."
According to an official statement, the company's management received a complaint that Mr. Stefan Kaufman was using illegal drugs. "Olympus representatives discussed the issue with an external legal adviser, immediately investigated the incident and referred the report to investigators. Throughout the investigation, the company cooperated with law enforcement. "
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