SoftBank says an internal investigation found COO Nikesh Arora has done nothing wrong
SoftBank Group’s second-in-command seems in little danger of losing his status as heir apparent to the CEO.
The telecom and investment major said a committee of independent board members has reviewed the allegations that a group of investors had raised against chief operating officer Nikesh Arora, and given him a clean chit.
“As I said when these allegations first became public, I have complete trust in Nikesh and I am pleased the special committee has looked into these claims thoroughly and concluded they are without merit,” SoftBank Group chairman and CEO Masayoshi Son said in an emailed statement.
Arora joined SoftBank in 2014 after a nearly decade-long stint at Google. In May 2015, Son—one of the richest men in Japan—named Arora the primary candidate to succeed him atop the company.
The Real Style --------- NP 2016
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