Tuesday, October 20, 2020

Takata CEO offers to step down after new regime in place

June 28, 2016

TOKYO - Takata Corp CEO Shigehisa Takada on Tuesday offered to step down after a new regime is decided for the auto parts supplier, which is searching for a financial backer to help it deal with a massive global recall of potentially deadly air bags. Speaking at a shareholders meeting, Takada said he would stay in his role until a hand-off. -Reuters

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