Major OEMs Shaking Up Executive Management
April opened with several executive shuffles at Canon, Ricoh and Toshiba:
Canon USA’s President and COO, Yuichi Ishizuka, was appointed President and CEO of Canon Europe, Middle East and Africa.
Major OEMs Shaking Up Executive Management
April opened with several executive shuffles at Canon, Ricoh and Toshiba:
Canon USA’s President and COO, Yuichi Ishizuka, was appointed President and CEO of Canon Europe, Middle East and Africa.
An independent investigation of Fuji Xerox in New Zealand and Australia revealed an estimated $343 million USD in overstated revenue over the past five years. During that time, sales managers had been reporting inflated earnings from leased photocopiers in order to meet revenue targets. This widespread practice in New Zealand was brought to Fujifilm’s attention by an unnamed Fuji Xerox insider in 2015. While further investigation of accounting practices in other markets found similar issues in Australia, it found “nothing inappropriate” in Japan.
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