Softbank's Nikesh Arora Unexpectedly Steps Down

Softbank's Nikesh Arora Unexpectedly Steps Down

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Nikesh Arora is stepping down from his role at SoftBank, a surprising move as he was seen as the successor to Masayoshi Son. Arora, who joined from Google, was promoted to president and was expected to take over as CEO. However, a small press briefing in Tokyo revealed that Son decided to remain CEO longer, leading to Arora's departure. Arora will continue as an advisor but will relinquish his president role. The timing coincides with SoftBank's profitable sale of its Supercell stake. Arora faced criticism from investors, raising questions about its impact on his exit.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who was initially considered the successor to Masayoshi Son at SoftBank?

Aurora

Masayoshi Son

Nikesh Arora

Supercell

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the main reason given for Nikesh Arora's departure from SoftBank?

He wanted to start his own company

The company was downsizing

Masayoshi Son decided to stay longer as CEO

He was offered a better position elsewhere

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What role will Nikesh Arora continue to have at SoftBank after stepping down?

Board Member

Advisor

CEO

President

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What significant financial transaction did SoftBank complete around the time of Arora's departure?

Purchase of a new headquarters

Merger with another tech giant

Sale of its stake in Supercell

Acquisition of Google

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was one of the criticisms faced by Nikesh Arora from investors?

His leadership style

His financial practices

His public speaking skills

His marketing strategies