Editor’s note: This piece originally appeared on PandoDaily.com.
Can we finally stop pretending someone can run two companies if they just work hard enough or are brilliant enough?
Managing two of today’s hottest start-ups simultaneously? That’s a feat that could overwhelm even some of the corporate world’s biggest egos.
Pressure mounted on Japan’s Olympus to take radical action after it admitted to hiding losses on securities investments for decades, with the camera and endoscope maker’s largest foreign investor demanding the resignation of the company’s entire board. Southeastern Asset Management, which owns about five percent of the 92-year-old company, said Tuesday’s admission “changes everything”.