At Toshiba, Activist Investors Finally Get a Seat at the Table

A little last minute drama hasn’t derailed toshiba plan to remake, Now the company and its shareholders must work together toward the finish line to overcome years of mistrust.

Shareholders on the Japanese industrial icon on Tuesday Voted to approve two directors Nominated by active investors, a rare feat in the country. The result shouldn’t be surprising, given that shareholders have made their displeasure repeatedly clear over the years: President was ousted last year And more recently, in March voted against a proposal to split the company into two.