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Re: [OM] "...A Shameful Saga By Any Stretch of the Imagination"

Subject: Re: [OM] "...A Shameful Saga By Any Stretch of the Imagination"
From: "Piers Hemy" <piers@xxxxxxxx>
Date: Tue, 18 Oct 2011 16:47:52 +0100
The latter, latterly. The former, formerly, if memory serves.

Piers

-----Original Message-----
From: Chris Crawford [mailto:chris@xxxxxxxxxxxxxxxxxxxxxx] 
Sent: 18 October 2011 12:39
To: Olympus Camera Discussion
Subject: Re: [OM] "...A Shameful Saga By Any Stretch of the Imagination"

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/201
>> 1/10/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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