Professionalismmichael woodford and olympus wikibooks. Michael woodfords inside story on his whistleblowing antics at olympus is a. In an interview with amateur photographer magazine, woodford describes the strain on his personal life, and the process of writing a book about the experience with lawyers poring over every word. Mar 28, 2014 months after becoming olympus first nonjapanese president in 2011, british executive michael woodford called for an investigation into fraud allegations. Mar 11, 2019 michael woodford had been fighting a legal case brought by keymed, a uk subsidiary of olympus, after the company alleged that mr woodford and an excolleague paul hillman had breached their duties.
Exolympus ceo describes the hostile board showdown that left. Book or request details on business risk speaker michael to address your conference from the promotivate speakers agency. Former olympus ceo michael woodford has launched a scathing attack on the company, following his removal from his post. How i went from ceo to whistleblower reprint by michael woodford isbn. Hed risen through the ranks of giant japanese firm olympus to become ceo. Exposure, the story of a british whistleblower in japan the new. From president to whistleblower at olympus by michael woodford isbn. The author pulls no punches regarding the doubts he went through in terms of the effects on his family and on the tens of thousands of ordinary employees of the company. Former olympus chief executive tells of risks he ran in exposing fraud scandal at the digital camera company. Woodford, a 30year veteran of olympus corporation, was the first westerner to be named ceo of the japanbased maker of cameras and medical equipment.
The board of the japanese cameramaker lied about the mystery for weeks. Joining olympus in 1981 and rising to manage its european operations. Woodford learned about a series of bizarre mergers and acquisitions deals. Michael woodford has 58 books on goodreads with 2606 ratings. It nearly killed me exolympus ceo woodford looks back on. Michael woodfords inside story on his whistleblowing antics at olympus is a sensational read. The first western salaryman to become the leader of a. For choosing truth over self in exposing the olympus accounting scandal, michael woodford has been selected to receive the association of certified fraud examiners acfe cliff robertson sentinel award for 2012. In a frank interview with the financial times, woodford calls this utter nonsense and states his belief that his removal. When michael woodford was made president of olympus, he became the first westerner ever to climb to the top of one of japans corporate. Shortly after michael woodford was made president and ceo of olympus, his dream job turned. Nov 01, 2012 michael woodford s inside story on his whistleblowing antics at olympus is a sensational read. When michael woodford was made president of olympus, he became the first westerner ever to climb to the top of one of japans corporate giants. Oct 15, 2012 woodford is now selling his book about the olympus scandal on amazon preorders here.
The announcement that woodford would become the next president of olympus was headline news. It was quite a sensation for a foreigner to head a major japanese company, almost unique in fact. He rose swiftly through the ranks to head the firms uk and european operations before being appointed president and chief operating officer in april 2011. Michael woodford, the former olympus president turned whistleblower, has attacked the decision of the competition commission not to seek automatic rotation of. Yet his every attempt at investigation was blocked. Former olympus ceo, michael woodford, speaks on experience.
It nearly killed me says olympus ceoturnedwhistleblower michael woodford of writing about his dramatic exit from the japanese company following his 2011 exposure of massive corporate mismanagement. A brilliantly gripping book with a great hero at its heart. Former olympus ceo, michael woodford, speaks on experience at. As european director in 2008, woodford had noticed the strange goingson at the company such as the gyrus acquisition, which should have been within his scope but was instead handled from tokyo. In november 2012 woodford published a book about the olympus scandal, and a film was also underway. Michael woodford, english born, started as a salesman at the iconic japanese optical equipment maker olympus, and worked his way up the company ranks through perseverance and good business to last year become the first nonjapanese president and ceo of the conglomerate. When michael woodford was made president and ceo of olympus, he became the first westerner ever to climb the ranks of one of japans corporate giants. Exolympus ceo describes the hostile board showdown that.
Exposure, the story of a british whistleblower in japan. Feb 03, 2014 michael woodford grew up in liverpool and joined olympus corporation as a medical equipment salesman. The 2011 financial scandal at the olympus corporation, the big japanese maker of optical equipment, was a headshaking spectacle. Michael woodford, english born, started as a salesman at the iconic japanese optical equipment maker olympus, and worked his way up the company ranks through perseverance and good business to last. Exposure by michael woodford penguin books australia. Exolympus boss michael woodford wins pension lawsuit.
Michael woodford mbe add to favourites former global ceo, olympus. Oct 18, 2011 former olympus ceo michael woodford has launched a scathing attack on the company, following his removal from his post. Michael woodford, a 30 year veteran of olympus, found himself in the middle of treachery and intrigue shortly after being appointed president in april 2011. Months after becoming olympus first nonjapanese president in 2011, british executive michael woodford called for an investigation into fraud allegations. Business as usual, but not for olympus whistleblower. The whistleblower in this case was recently appointed chief executive officer ceo michael woodford. For other people named michael woodford, see michael woodford disambiguation. Months after becoming olympus s first nonjapanese president and then ceo in 2011, british executive michael woodford called for an investigation into allegations that the tech company had covered. The unabridged, downloadable audiobook edition of michael woodfords autobiographical account, exposure.
Dec 02, 2012 the 2011 financial scandal at the olympus corporation, the big japanese maker of optical equipment, was a headshaking spectacle. How i went from ceo to whistleblower reprint by woodford, michael isbn. As you know the whole story ended with sony buying a 10% stack, some olympus managers got a fee to pay and no jail and woodford won a likely multimillion dollar settlement of his claim for unfair dismissal source. To book michael woodford mbe please contact your jla agent. But just weeks into the job in tokyo he came across allegations of enormous fraud. Time, in naming him a 2011 person who mattered michael woodford is a man who did not stand by and do nothing. Corporate governance in japan back to the drawing board. In exposure, a new book, the former chief of olympus of japan tells. Auditors must rotate, urges olympus whistleblower michael. Time, in naming him a 2011 person who mattered michael woodford is. Olympus corporate executives were hiding huge investment losses through complex takeover deals and secret offbalancesheet vehicles.
Michael woodford, the liverpoolborn president and ceo of japanese optical and camera company olympus, worked his way up the company ladder over the course of 30 years before he became the first gaijin foreigner to hold the companys top position in japan within weeks of assuming the job, woodford learned through a report in the japanese. It was rare enough that a tokyobased company had elevated michael. When michael woodford was made president of olympus the company to which he had dedicated thirty years of his career he became the first westerner ever to climb the ranks of one of japans corporate giants. The olympus scandal refers to a long period of accounting fraud directed by olympus executives and exposed by its brief ceo michael woodford in fall 2011. Feb 25, 2014 michael woodford, having served in higher management in various firms in the olympus concern fur some 30 years, was called to serve as ceo of the whole olympus company, based in japan. Michael woodford, the liverpoolborn president and ceo of japanese optical and camera company olympus, worked his way up the company ladder over the course of 30 years before he became the first gaijin foreigner to hold the companys top position in japan. In an interview with amateur photographer magazine, woodford describes the strain on his personal life, and the process of writing a book about the experience with lawyers poring over every. Michael woodford had been fighting a legal case brought by keymed, a uk subsidiary of olympus, after the company alleged that mr woodford and an. Woodford is now selling his book about the olympus scandal on amazon preorders here. Nov 23, 2012 michael woodford got wind of the allegations of fraud worth over. In april 2011 he was appointed president and coo of the olympus corporation the first western salaryman to rise through the ranks to the top of a japanese giant. Jul 04, 20 michael woodford grew up in liverpool and joined olympus as a medical equipment salesman, rising through the ranks to run its uk, mea and european businesses.
Oct 28, 20 michael woodford, the former olympus president turned whistleblower, has attacked the decision of the competition commission not to seek automatic rotation of company auditors woodford, who. Dec 21, 2012 michael woodford, english born, started as a salesman at the iconic japanese optical equipment maker olympus, and worked his way up the company ranks through perseverance and good business to last. Unfortunately, soon after, his dream job turned into a nightmare. Book speaker michael woodford exolympus ceo and high profile corporate whistleblower. Michael woodford grew up in liverpool and joined olympus as a salesman, rising through the ranks to run its uk, european and global operations. Months after becoming olympuss first nonjapanese president and then ceo in 2011, british executive michael woodford called for an investigation into allegations that the tech company had covered. Michael woodford grew up in liverpool and joined olympus corporation as a medical equipment salesman. Book michael woodford olympus ceo whistleblower by promotivate. Michael woodford olympus whistleblower united kingdom. Nov 28, 2012 it nearly killed me says olympus ceoturnedwhistleblower michael woodford of writing about his dramatic exit from the japanese company following his 2011 exposure of massive corporate mismanagement. Olympus had said woodford was removed from his post over a difference in strategic direction between him and the rest of the board of directors. The main problem of this book was that it should not include mr.
In april 2011 he was appointed president and coo of the olympus corporationthe first western salaryman to rise through the ranks to the top of a japanese giant. Book michael woodford olympus ceo whistleblower by. Michael woodford grew up in liverpool and joined olympus in 1981 as a medical equipment salesman. Michael woodford microsite celebrity speakers michael. Michael woodfords showdown in exposure business insider. Olympus shares suffer as former ceo goes on the attack. In a frank interview with the financial times, woodford calls this utter nonsense and states his belief that his removal relates. Mr woodford worked for olympus for 30 years, initially for the uk subsidiary, olympus keymed, joining as a surgical salesman, progressing to sales manager and sales director before being appointed the companys managing director in 1990, at the age of 29. When michael woodford was made president of olympus, he became the first. Everyday low prices and free delivery on eligible orders. It nearly killed me exolympus ceo woodford looks back. Book speaker michael woodford ex olympus ceo and high profile corporate whistleblower.
The bestselling business book of 2012, now in paperback. Britishborn michael woodford was an olympus veteran of 30 years, and previously executive managing director of olympus medical systems europa. Hed risen through the ranks of giant japanese firm olympus. Michael woodford could have spent years turning a blind eye to the shady dealings of corporate executives at olympus. Feb 25, 2014 michael woodford could have spent years turning a blind eye to the shady dealings of corporate executives at olympus. Michael woodford grew up in liverpool and joined olympus as a medical equipment salesman, rising through the ranks to run its uk, mea and european businesses.
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