Olympus whistleblower michael woodford meets japanese authorities. Former olympus ceo michael woodford has been named whistleblower of the year by the austin, texasbased association of certified fraud. September 2016 whistleblower michael woodford sued by olympus. How i went from ceo to whistleblower audiobook by michael woodford. Its a long way from a private jet, michael woodford shouts out as he. Hed risen through the ranks of giant japanese firm olympus. Olympus corporate executives were hiding huge investment losses through complex takeover deals and secret offbalancesheet. The announcement that woodford would become the next president of olympus was headline news.
A gripping chronicle by a corporate whistleblower who achieved a stunning victory. Michael woodford got wind of the allegations of fraud worth over. Use features like bookmarks, note taking and highlighting while reading exposure. Michael woodfords inside story on his whistleblowing antics at olympus is a. How i went from ceo to whistleblower 2012 kindle edition by woodford, michael. Exposure is the story of how michael woodford exposed the dark heart of olympus. He is 53 years of age, married to nuncy, a spanish national, and they have two children, edward 20 and isabel 18. The book is a very personal account of woodford s experiences whistleblowing in a company he worked for for 30 years and the consequences of highlighting financial irregularities. Whistleblowing exceo of olympus describes the vicious meeting when he. The kind of integrity and courage that woodford displayed is unusual. Michael christopher woodford, mbe born 1960061212 june 1960 is a british. How i went from ceo to whistleblower ebook written by michael woodford. The economist michael woodford took a considerable risk in exposing wrongdoing.
Woodford has emerged as a hero, named by at least one british newspaper as its 2011 executive of the year. The business book of the year has to be michael woodfords exposure evening standard the most celebrated international whistleblower of recent times. Olympus whistleblower michael woodford wins pension suit. When michael woodford was made president of olympus, he became the first. How i went from ceo to whistleblower by michael woodford author when michael woodford was made president of olympus, he became the first westerner ever to climb to the top of one of japans. It claims they abused their positions as executives to boost their pensions. The economist woodford has written a brilliantly gripping book, with a great hero at its heart. Exposure, the story of a british whistleblower in japan.
Exposure is the story of how michael woodford chose the truth over a multimilliondollar salary, and exposed the dark heart of the company he had dedicated his life to. Woodford, a 30year veteran of olympus corporation, was the first westerner to be named ceo of the japanbased maker of cameras and medical equipment. This book is great insight into the corporate world of large organisations and michael woodford is well grounded and a scouser as well so not all bad then. The company only investigated and found wrongdoing after. In april 2011 he was appointed president and coo of the olympus corporationthe first western salaryman to rise through the ranks to the top of a japanese giant.
Foundations of a theory of monetary policy ebook written by michael woodford. Download for offline reading, highlight, bookmark or take notes while you read exposure. The olympus scandal was precipitated on 14 october 2011 when britishborn michael woodford was suddenly ousted as chief executive of international optical equipment manufacturer olympus corporation. Michael woodford grew up in liverpool and joined olympus in 1981 as a medical equipment salesman. Michael christopher woodford, mbe born 12 june 1960 is a british businessman who was formerly president and coo april 2011 and ceo october 2011 of olympus corporation, a japanbased manufacturer of optics and reprography products joining olympus in 1981 and rising to manage its european operations, woodford was the first nonjapanese person to be appointed as the companys. On october 14th, 2011 then president and ceo of the japanese corporation, olympus michael woodford was unceremoniously dismissed following a series of letters he had written questioning his. Michael christopher woodford, mbe born 12 june 1960 is a british businessman who was formerly president and coo april 2011 and ceo october 2011 of olympus corporation, a japanbased manufacturer of optics and reprography products joining olympus in 1981 and rising to manage its european operations, woodford was the first nonjapanese person to be appointed as the companys ceo in. The main problem of this book was that it should not include mr. Portfolio acquires woodford whistleblower title the. He had been company president for six months, and two weeks prior had been promoted to chief executive officer, when he exposed one of the biggest and longestrunning losshiding.
The olympus scandal refers to a long period of accounting fraud directed by olympus executives and exposed by its brief ceo michael woodford in fall 2011. Portfolio has acquired a memoir by michael woodford, the 51yearold former president and c. Michael woodford, whistleblower, presents to fcx 20 march 2019 one of the worlds highestprofile whistleblowers, michael woodford, presented to a major fcx event in sydney on 7 november 2018 attended by more than 250 clevel executives, senior academics and international representatives from the iso committee. Michael woodford could have spent years turning a blind eye to the shady dealings of corporate executives at olympus. He has chronicled his extraordinary story in his bestselling real life thriller exposure. Book michael woodford olympus ceo whistleblower by.
I attended a guest lecture where michael woodford spoke about his experience as a whistleblower and i bought the book to learn a bit more about his experiences. Ceo to whistleblower portfolio penguin is published on 29 november. Exposure by michael woodford penguin books australia. Stream and download audiobooks to your computer, tablet or mobile phone. Michael woodfords fellow whistleblower ends olympus. Exposure, the story of a british whistleblower in japan the new.
Hed risen through the ranks of giant japanese firm olympus to become ceo. Everyday low prices and free delivery on eligible orders. In exposure, a new book, the former chief of olympus of japan tells. The bestselling business book of 2012, now in paperback. Book speaker michael woodford exolympus ceo and high profile corporate whistleblower. The book is a very personal account of woodfords experiences whistleblowing in a company he worked for for 30 years and the consequences of highlighting financial irregularities. Hamada, 55, won 11 million yen in damages from the medical equipment manufacturer, which was also embroiled in a whistleblower case involving michael woodford mbe who, in 2011, became the first western salaried employee to rise through the ranks to head a giant japanese corporation. Download for offline reading, highlight, bookmark or take notes while you read interest and prices. He was a study of boldness in action lionel barber financial times woodford tells his tale like a thriller. Newspaper article the evening standard london, england the olympus whistleblowers back in focus. From president to whistleblower at olympus by woodford, michael isbn. The olympus scandal paying a price for doing whats. How i went from ceo to whistleblower by michael woodford overview when michael woodford was made president of olympus, he became the first westerner ever to climb to the top of one of japans corporate giants. How i went from ceo to whistleblower by michael woodford.
But just weeks into the job in tokyo he came across allegations of enormous fraud. Auditors must rotate, urges olympus whistleblower michael. Michael woodford john bates clark professor of political. I loved the book but would highlight that michael is not a true whistleblower in. My friend who brought it up, said on a sunday, michael, lets go at a hot spring resort and we can talk about it. Olympus whistleblower michael woodford wins pension suit brought by japan firms u. In november 2012 woodford published a book about the olympus scandal, and a. When michael woodford was made president and ceo of olympus, he became the first westerner ever to climb the ranks of one of japans corporate icons.
The former ceo of olympus, who blew the whistle in 2011 on a. Professionalismmichael woodford and olympus wikibooks. Michael woodford, the whistleblower who exposed the infamous scandal at olympus, is being accused of fraud by the company. Woodford, who joined keymed as a 20yearold salesman in 1981 and rose through the ranks to become olympus first foreign chief executive in 2011, was fired two weeks into the top job after. I loved the book but would highlight that michael is not a true whistleblower in that the information was discovered by others and he took this to the company and he acknowledges this. Get 50% off this audiobook at the audiobooksnow online audio book store and download or stream it right to your computer, smartphone or tablet. It was the facta article, which i first thought was rubbish. Download it once and read it on your kindle device, pc, phones or tablets. Michael woodford grew up in liverpool in the north of england, beginning his working life at lucas aerospace as a commercial management trainee. Michael woodford has 58 books on goodreads with 2565 ratings. Time, in naming him a 2011 person who mattered michael woodford is.
Whistleblower michael woodford settles with olympus. The olympus scandal the whistleblowing story of michael. Exposure is the story of how michael woodford exposed the dark heart of olympus when michael woodford was made president and ceo of olympus, he became the first westerner ever to climb the ranks of one of japans corporate icons. Michael woodfords showdown in exposure business insider.