Kobe Steel names new CEO after fake strength and quality data scandal

kobe steel

Japanese steelmaker Kobe Steel named a new CEO on Friday and pledged “fundamental reforms” in the wake of a scandal over fake strength and quality data it submitted to clients. The firm said its board had appointed Mitsugu Yamaguchi, currently Kobe Steel’s executive vice president, to the top role left empty after Hiroya Kawasaki stepped down…

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