Was this Michael Woodford the president of Olympus Europe, or of the mother
company in Japan?
--
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On 10/18/11 7:13 AM, "John Hermanson" <omtech1@xxxxxxxxxxx> wrote:
> Olympus cleaned house. Sent in an Ax man from Japan, fired US National
> Service Manager (THAT'S good, an ogre by many accounts), Ax man went to
> PA and fired the President (Mark Gumz) he was the one responsible for
> moving the entire company to Allentown PA (a pretty depressed area) and
> losing about 90% of their staff. Filled staff positions with laid off
> workers from Crayola and Silly Putty (NOT kidding). Fired President of
> Olympus Europe too.
>
> ___________________________________
> John Hermanson | CPS, Inc.
> 21 South Ln., Huntington NY 11743
> 631-424-2121 | www.zuiko.com
> Olympus OM Service since 1977
> Gallery: www.zuiko.com/album/index.html
>
> On 10/18/2011 6:13 AM, JOHN DUGGAN wrote:
>> Same story in the Independent this morning. Frighteningly Olympus's share
>> price has fallen 41% since Friday !
>>
>> Regards
>>
>> John Duggan,
>>
>> Wales, UK
>>
>> --- On Tue, 18/10/11, Marc Lawrence<montsnmags@xxxxxxxxx> wrote:
>>
>> From: Marc Lawrence<montsnmags@xxxxxxxxx>
>> Subject: [OM] "...A Shameful Saga By Any Stretch of the Imagination"
>> To: "Olympus List"<olympus@xxxxxxxxxxxxxxxxx>
>> Date: Tuesday, 18 October, 2011, 3:29
>>
>> There're probably other links for it (there're some within what I link
>> to), but I came across it via Mike Johnston's always-interesting "The
>> Online Photographer" blog, so you're getting that one:
>>
>> <http://theonlinephotographer.typepad.com/the_online_photographer/2011/10/a-s
>> hameful-saga.html>
>>
>> "We don't pretend to understand exactly what's going on with this,
>> apart from the fact that the sniff test indicates potentially serious
>> trouble. Michael Woodford, the new President of Olympus Corporation,
>> and who is British, was sent summarily packing by the 16-member
>> Olympus Board of Directors last Friday, after a hastily convened
>> emergency meeting..."
>>
>> See the link for the fuller "alleged" story. It sounds big.
>>
>> Cheers,
>> Marc
>> Noosa Heads, Oz
>> http://gallery.parknmeter.com
--
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