“I don’t intend to hold on to my position. Once I’ve delivered this company to a place where it’s not at risk of faltering, I want to pass the baton.” With those words, Shigehisa Takada announced his intent to resign as CEO of embattled airbag manufacturer Takata.
The resignation should come as no surprise. Widely criticized for leaving a vacuum of leadership when the airbag crisis struck, Mr. ...
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