News > Toshiba board gains two directors from activist hedge funds

Toshiba board gains two directors from activist hedge funds

Times Now | 28/06/2022 03:15 PM | Click to read full article

Toshiba shareholders voted in two board directors from activist hedge fund investors at its annual general meeting on Tuesday - an inclusion that is expected to add momentum to its exploration of potential buyout deals.

Nabeel Bhanji, a senior portfolio manager at Elliott Management, and Eijiro Imai, managing director at Farallon Capital Management were elected, as was Akihiro Watanabe, an executive from boutique US investment bank Houlihan Lokey.