Name: The CEO of 7-Eleven Just Resigned
Uploaded: 2016-04-08
Duration: 56 s
Description: He said he was 'unbearably ashamed.'

The CEO of 7-Eleven Just Resigned

the CEO of 7 11, just announced his resignation after a losing battle at hedge fund manager Dan Loeb. Toshifumi Suzuki took full responsibility when explaining his reason for stepping down. In a statement, the 83 year old Japanese mogul said. It is my lack of virtue and I am unbearably ashamed. Suzuki, who's seven and I Holdings, is seven Elevens parent company, also said he had no plans to try and name a successor either. It seems as CEO he attempted to remove a likely successor to make room for one of his sons. Still, Suzuki's radical honesty comes in far contrast with several high profile CEO AUS stings in the U. S ex Enron CEO Jeff Skilling and former Raytheon boss Dan Bern Ham both announced they were leaving their positions for personal reasons, yet both soon found themselves in legal trouble over their actions at their respective companies.