Olympus medical equipment exec will be new CEO
At its meeting on Monday, the entire board of directors at Olympus has resigned. As its last act, the the board named Hiroyuki Sasa, 56, as its next president. Former Sumitomo Mitsui Banking Corp. executive Yasuyuki Kimoto, 63, was also selected to be the new board chairman. The appointments will require shareholder approval at a special meeting scheduled for April 20.