Toshiba Chairman Faces Vote for Survival

Toshiba's AGM has shifted from a quiet affair to a contentious event, with significant shareholder opposition to Chairman Nagayama. Key opponents include Norway's sovereign wealth fund and Florida's state board, while supporters like the California State Teachers Retirement System back him. The controversy stems from past governance issues, with Nagayama promising transparency and board improvements. Despite calls for change, some argue his removal would cause confusion. The meeting's outcome is eagerly anticipated.

What were the general sentiments of shareholders towards Nagayama's survival in the office?

What are some of the criticisms mentioned about Toshiba's corporate governance?

What was the outcome of the independent Commission's report regarding Toshiba's management?

What actions has Nagayama proposed to restore trust and transparency within the company?

How did the shareholders respond to the proposed changes in the board of directors?