Friday, February 7, 2014
Exposure: Inside the Olympus Scandal: How I Went from CEO to Whistleblower
Exposure: Inside the Olympus Scandal: How I Went from CEO to Whistleblower. By virtue of position as President of Olympus, Woodford should have been an insider. After he gets an anonymous email calling to his attention signs of financial shenanigans, he investigates and goes to the company chairman and to members of the board of directors with his concerns. He asks to become CEO to give him the authority to get to the bottom of the scandal. Weeks after he becomes CEO, he’s fired. Having already shared the concerns about the likely financial fraud with the company’s independent auditors, the cover up by the perpetrators is doomed from the start. Woodford relates his side of this story, showing how he tried to get the board to do the right thing. Any reader interested in business, especially in the challenges of global concerns, will find this book fascinating to read. Rating: Four-star (I like it) Click here to purchase Exposure from amazon.com.