TOKYO (Reuters) - Former U.S. Ambassador to Japan John Roos on Saturday endorsed the continued leadership of Toshiba (OTC:TOSYY) Corp Board Chairman Osamu Nagayama, who has come under intense pressure to resign amid a deepening crisis at the Japanese conglomerate.
Both Nagayama and Roos served as independent directors at Sony (NYSE:SONY) Group Corp's board when the electronic giant emerged from a turbulent earnings period to a sharp recovery.
"I am convinced Toshiba's shareholders will benefit from him continuing to provide his steady hand and strong leadership," Roos said in the statement.